BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend
NEW YORK--(BUSINESS WIRE)--Jan 3, 2020--
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on February 3, 2020 to shareholders of record at the close of business on January 21, 2020. The ex-dividend date is January 17, 2020. The previous dividend announced in December 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200103005388/en/
CONTACT: For Press Inquiries:
BNY Mellon Investment Adviser, Inc.
212-635-8676For Other Inquiries:
BNY Mellon Securities Corporation
The National Marketing Desk
240 Greenwich Street
New York, New York 10286
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: BNY Mellon Municipal Bond Infrastructure Fund, Inc.
Copyright Business Wire 2020.
PUB: 01/03/2020 04:57 PM/DISC: 01/03/2020 04:57 PM