BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Declares Monthly Dividend of $0.03

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) declared a monthly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.03 per share on Tuesday, April 1st. This represents a $0.36 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Tuesday, March 18th.

BNY Mellon Municipal Bond Infrastructure Fund has decreased its dividend payment by an average of 17.3% per year over the last three years.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock traded up $0.03 during mid-day trading on Wednesday, hitting $10.72. The stock had a trading volume of 27,541 shares, compared to its average volume of 67,566. BNY Mellon Municipal Bond Infrastructure Fund has a 12-month low of $9.93 and a 12-month high of $11.28. The firm has a 50-day moving average of $10.52 and a two-hundred day moving average of $10.75.

About BNY Mellon Municipal Bond Infrastructure Fund

BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.