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MarketScreener Homepage  >  Equities  >  Nyse  >  BNY Mellon Municipal Bond InfrstrcFndInc    DMB

BNY MELLON MUNICIPAL BOND INFRSTRCFNDINC

(DMB)
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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Announces Dividend

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12/03/2019 | 05:15pm EST

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0530 per share of common stock, payable on January 2, 2020 to shareholders of record at the close of business on December 18, 2019. The ex-dividend date is December 17, 2019. The previous dividend announced in November was $0.0530 per share of common stock.

The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or, in addition to paying out current net investment income, the Fund may pay out accumulated undistributed income, or may return capital. As market conditions and portfolio performance may change, the rate of distributions on the Fund's shares of common stock and the Fund's distribution policy could change.


© Business Wire 2019
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Managers
NameTitle
Renee LaRoche-Morris President
Joseph S. DiMartino Chairman
Isabel P. Dunst Independent Director
Benaree Pratt Wiley Independent Director
Francine J. Bovich Independent Director