BNY Mellon Municipal Bond Infrastructure Fund, Inc. - DMB STOCK NEWS

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) announced a monthly dividend of $0.0530 per share, payable on November 1, 2021. Shareholders of record by October 20, 2021 will be eligible, with the ex-dividend date set for October 19, 2021. The dividend remains unchanged from the previous month. The Fund aims to maintain consistent distributions, though it may adjust payouts based on performance and market conditions. BNY Mellon Investment Management oversees the Fund, managing $2.3 trillion in assets.

BNY Mellon Municipal Bond Infrastructure Fund announced a monthly distribution of $0.0530 per share, payable on October 1, 2021, to shareholders of record by September 20, 2021. The ex-dividend date is September 17, 2021. This distribution matches the previous month's payout. The fund aims for consistent monthly payments based on projected performance, with potential alterations depending on market conditions and income fluctuations.

BNY Mellon Investment Management has realigned its investment firms to improve specialist capabilities. Effective September 1, 2021, Insight North America LLC replaces Mellon Investments Corporation as the sub-adviser for the BNY Mellon Municipal Bond Infrastructure Fund. This change does not affect the Fund's investment objectives, strategies, or fees. BNYM Investment Adviser continues to oversee the Fund, paying INA the same advisory fee as previously paid to Mellon. As of December 31, 2020, BNY Mellon managed $2.2 trillion in assets, with $47.8 billion under INA's management.