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New York, March 4, 2024–(BUSINESS WIRE)–BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) announced today that it will receive $0.0300 per common share to be paid to stockholders of record at the close of business on April 1, 2024. announced the distribution. March 19, 2024. The ex-dividend date is March 18, 2024. The last dividend declared in February was $0.0300 per common share.
The Fund intends to make periodic monthly dividends to common stockholders at a fixed rate based on expected performance. In some cases, in order to maintain stable distribution levels, the Fund may pay less than the full amount of its net investment income, or may pay accumulated undistributed income in addition to current net investment income payments. , or return capital. As market conditions and portfolio performance may change, the Fund’s common stock distribution rate and the Fund’s distribution policy may also change.
Important information
BNY Mellon Investment Management is one of the world’s largest asset managers, with $2 trillion in assets under management as of December 31, 2023. Through a customer-first approach, BNY Mellon Investment Management provides expertise to investors through seven investment firms, providing solutions across the spectrum. It supports all major asset classes and is backed by the breadth and scale of BNY Mellon. Additional information about BNY Mellon Investment Management can be found at www.bnymellonim.com. Follow us on LinkedIn to keep up with the latest company news and activities.
BNY Mellon Investment Management is a division of BNY Mellon, which held and/or managed $47.8 trillion in assets as of December 31, 2023. BNY Mellon is America’s oldest bank, founded in 1784. Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment lifecycle. BNY Mellon is a corporate brand of Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellonim.com. Follow us on LinkedIn or visit our newsroom for the latest company news.
Closed-end funds trade on the secondary market through stock exchanges. The Fund’s investment return and principal value will fluctuate, so an investor’s shares may be worth more or less than their original cost. Shares of a closed-end fund may be worth more than (premium) or less than (discount) the net asset value (NAV) of the fund’s portfolio. There is no guarantee that the Fund will achieve its investment objective.
This release is for informational purposes only and should not be considered investment advice or a recommendation of any particular security.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240304378424/ja/
contact address
Media inquiries:
BNY Mellon Investment Advisors, Inc.
Sue Watt
(212) 815-3757
Other inquiries:
BNY Mellon Securities Co., Ltd.
National Marketing Desk
240 Greenwich Street
New York, NY 10286
1-800-334-6899
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