{"id":792148,"date":"2024-12-03T16:23:14","date_gmt":"2024-12-03T21:23:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-municipal-bond-infrastructure-fund-inc-nyse-dmb-announces-distribution-23\/"},"modified":"2024-12-03T16:23:14","modified_gmt":"2024-12-03T21:23:14","slug":"bny-mellon-municipal-bond-infrastructure-fund-inc-nyse-dmb-announces-distribution-23","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-municipal-bond-infrastructure-fund-inc-nyse-dmb-announces-distribution-23\/","title":{"rendered":"BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB)<b \/>today announced a distribution of $0.0300 per share of common stock, payable on January 2, 2025 to shareholders of record at the close of business on December 18, 2024. The ex-dividend date is December 18, 2024. The previous distribution announced in November was $0.0300 per share of common stock.<\/p>\n<p>\nThe 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&#8217;s shares of common stock and the Fund&#8217;s distribution policy could change.<\/p>\n<p><b><span class=\"bwuline\">Important Information<\/span><\/b><\/p>\n<p>\nBNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world\u2019s largest asset managers, with $2.1 trillion in assets under management as of September 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bny.com%2Finvestments&amp;esheet=54161000&amp;newsitemid=20241203310639&amp;lan=en-US&amp;anchor=www.bny.com%2Finvestments&amp;index=1&amp;md5=18642b6350ea953adae63fe2ed5e3c68\">www.bny.com\/investments<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fshowcase%2Fbnyinvestments%2F&amp;esheet=54161000&amp;newsitemid=20241203310639&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=4095c75d598e89accf6be6f20f88b37b\">LinkedIn<\/a> for the latest company news and activity.<\/p>\n<p>\nBNY Investments is a division of <b>BNY<\/b>, which has $52.1 trillion in assets under custody and\/or administration as of September 30, 2024. Established in 1784, BNY is America&#8217;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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bny.com&amp;esheet=54161000&amp;newsitemid=20241203310639&amp;lan=en-US&amp;anchor=www.bny.com&amp;index=3&amp;md5=34c70043a989b54ca46835febc4c8d48\">www.bny.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbny-mellon&amp;esheet=54161000&amp;newsitemid=20241203310639&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=bf7af10fd42be55d22f59c3b3668c6d0\">LinkedIn<\/a> or visit our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bnymellon.com%2Fus%2Fen%2Fabout-us%2Fnewsroom.html&amp;esheet=54161000&amp;newsitemid=20241203310639&amp;lan=en-US&amp;anchor=newsroom&amp;index=5&amp;md5=197085a3d20ff3168131b685f69a2da6\">newsroom<\/a> for the latest company news.<\/p>\n<p>\nClosed-end funds are traded on the secondary market through one of the stock exchanges. The Fund&#8217;s investment returns and principal values will fluctuate so that an investor\u2019s 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\u2019s portfolio. There is no assurance that the Fund will achieve its investment objective.<\/p>\n<p>\nThis release is for informational purposes only and should not be considered as investment advice or a recommendation of any particular security.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241203310639r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241203310639\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241203310639\/en\/<\/a><\/span><\/p>\n<p>\nFor Press Inquiries:<br \/>\n<br \/>BNY Mellon Investment Adviser, Inc.<br \/>\n<br \/>Sue Watt<br \/>\n<br \/>(212) 815-3757<\/p>\n<p>For Other Inquiries:<br \/>\n<br \/>BNY Mellon Securities Corporation<br \/>\n<br \/>The National Marketing Desk<br \/>\n<br \/>240 Greenwich Street<br \/>\n<br \/>New York, New York 10286<br \/>\n<br \/>1-800-334-6899<\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241203310639\/en\/2169965\/3\/BNY_Investments_Logo_2024.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution NEW YORK&#8211;(BUSINESS WIRE)&#8211; BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB)today announced a distribution of $0.0300 per share of common stock, payable on January 2, 2025 to shareholders of record at the close of business on December 18, 2024. The ex-dividend date is December 18, 2024. The previous distribution announced in November 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bny-mellon-municipal-bond-infrastructure-fund-inc-nyse-dmb-announces-distribution-23\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-792148","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BNY Mellon Municipal Bond Infrastructure Fund, Inc. 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(NYSE: DMB)today announced a distribution of $0.0300 per share of common stock, payable on January 2, 2025 to shareholders of record at the close of business on December 18, 2024. The ex-dividend date is December 18, 2024. The previous distribution announced in November 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 &hellip; Continue reading &quot;BNY Mellon Municipal Bond Infrastructure Fund, Inc. 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