BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

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BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) has announced a monthly distribution of $0.0300 per share of common stock. This payment will be made on August 1, 2024, to shareholders on record as of July 18, 2024, which is also the ex-dividend date. The Fund aims to maintain stable monthly distributions based on projected performance, but adjustments may be made depending on market conditions and portfolio performance. BNY Mellon Investment Adviser, Inc., a part of BNY Investments, manages the Fund. BNY Investments, one of the world’s largest asset managers, oversees $2.0 trillion in assets. BNY Mellon , established in 1784, administers $48.8 trillion in assets and provides comprehensive financial asset management services. This release is informational and not investment advice.

NEW YORK--(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 August 1, 2024 to shareholders of record at the close of business on July 18, 2024. The ex-dividend date is July 18, 2024. The previous distribution announced in June 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 March 31, 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 $48.8 trillion in assets under custody and/or administration as of March 31, 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.bny.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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240702135775/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

Source: BNY Mellon Municipal Bond Infrastructure Fund, Inc.

FAQ

What is the latest dividend distribution announced by BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB)?

BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) announced a dividend distribution of $0.0300 per share, payable on August 1, 2024.

When is the ex-dividend date for DMB's recent distribution?

The ex-dividend date for DMB's recent distribution is July 18, 2024.

What is the record date for DMB's August 2024 distribution?

The record date for DMB's August 2024 distribution is July 18, 2024.

How frequently does BNY Mellon Municipal Bond Infrastructure Fund (DMB) distribute dividends?

BNY Mellon Municipal Bond Infrastructure Fund (DMB) intends to make regular monthly distributions.

What factors could influence the distribution rates of DMB?

Market conditions and portfolio performance could influence the distribution rates of DMB.