BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
October 02 2024 - 4:09PM
Business Wire
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB)
today announced a distribution of $0.0300 per share of common
stock, payable on November 1, 2024 to shareholders of record at the
close of business on October 18, 2024. The ex-dividend date is
October 18, 2024. The previous distribution announced in September
was $0.0300 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.
Important Information
BNY Mellon Investment Adviser, Inc., the investment adviser for
the Fund, is part of BNY Investments. BNY Investments is one of the
world’s largest asset managers, with $2.0 trillion in assets under
management as of June 30, 2024. Through a client-first approach,
BNY Investments brings investors specialist expertise through its
seven investment firms offering solutions across every major asset
class and backed by the breadth and scale of BNY. Additional
information on BNY Investments is available on www.bnymellonim.com.
Follow us on LinkedIn for the latest company news and activity.
BNY Investments is a division of BNY, which has $49.5
trillion in assets under custody and/or administration as of June
30, 2024. Established in 1784, BNY is America's oldest bank. Today,
BNY powers capital markets around the world through comprehensive
solutions that help clients manage and service their financial
assets throughout the investment life cycle. BNY is the corporate
brand of The Bank of New York Mellon Corporation (NYSE: BK).
Additional information is available on www.bnymellon.com. Follow us
on LinkedIn or visit our newsroom for the latest company news.
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment returns and principal
values will fluctuate so that an investor’s shares may be worth
more or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
of the fund’s portfolio. There is no assurance that the Fund will
achieve its investment objective.
This release is for informational purposes only and should not
be considered as investment advice or a recommendation of any
particular security.
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version on businesswire.com: https://www.businesswire.com/news/home/20241002044523/en/
For Press Inquiries: BNY Mellon Investment Adviser, Inc. Sue
Watt (212) 815-3757
For Other Inquiries: BNY Mellon Securities Corporation The
National Marketing Desk 240 Greenwich Street New York, New York
10286 1-800-334-6899
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