BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) declared a monthly dividend on Friday, February 28th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.019 per share on Monday, March 31st. This represents a $0.23 annualized dividend and a yield of 3.18%. The ex-dividend date is Friday, March 14th.
BNY Mellon Municipal Income has decreased its dividend by an average of 16.7% annually over the last three years.
BNY Mellon Municipal Income Stock Performance
DMF traded up $0.04 during midday trading on Friday, reaching $7.18. The company had a trading volume of 30,749 shares, compared to its average volume of 57,192. BNY Mellon Municipal Income has a 1 year low of $6.53 and a 1 year high of $7.52. The business has a 50-day moving average of $7.12 and a two-hundred day moving average of $7.24.
BNY Mellon Municipal Income Company Profile
BNY Mellon Municipal Income, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year.
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