Dreyfus Municipal Income, Inc. : (NYX:DMF) Declares Dividend
December 29, 2011 at 04:25 pm EST
By
Share
On Thursday, December 29, 2011, the Board of Directors of Dreyfus
Municipal Income, Inc. (NYX:DMF) declared from net investment income a
monthly cash dividend of $0.0525 per share of common stock, payable on
January 31, 2012 to shareholders of record at the close of business on
January 13, 2012. The ex-dividend date is January 11, 2012. The previous
dividend declared in November was $0.0525 per share of common stock.
For Press Inquiries: The Dreyfus Corporation Patrice M.
Kozlowski (212) 922-6030 or For Other Inquiries: MBSC
Securities Corporation The National Marketing Desk 200 Park
Avenue New York, New York 10166 1-800-334-6899
BNY Mellon Municipal Income, Inc. (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of the value of its net assets in municipal obligations and invests in municipal obligations which, at the time of purchase, are rated investment grade or the unrated equivalent as determined by advisor in the case of bonds, and rated in the two highest rating categories or the unrated equivalent as determined by advisor. The Fund may invest more than 25% of the value of its total assets in industrial development bonds which, although issued by industrial development authorities, may be backed only by the assets and revenues of the non-governmental users. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor.