BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.
BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement
• BNY Mellon Municipal Bond Infrastructure Fund announced a monthly dividend of $0.03 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-18
• BNY Mellon Municipal Bond Infrastructure Fund annual dividend for 2024 was $0.30
• BNY Mellon Municipal Bond Infrastructure Fund annual dividend for 2023 was $0.46
• BNY Mellon Municipal Bond Infrastructure Fund's trailing twelve-month (TTM) dividend yield is 3.37%
• BNY Mellon Municipal Bond Infrastructure Fund's payout ratio for the trailing twelve months (TTM) is 35.75%
• BNY Mellon Municipal Bond Infrastructure Fund's dividend growth over the last five years (2018-2023) was -6.27% year
• BNY Mellon Municipal Bond Infrastructure Fund's dividend growth over the last ten years (2013-2023) was 2.06% year
BNY Mellon Municipal Bond Infrastructure Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | $0.03 | monthly | 2024-11-01 |
2024-09-19 | $0.03 | monthly | 2024-10-01 |
2024-08-19 | $0.03 | monthly | 2024-09-03 |
2024-07-18 | $0.03 | monthly | 2024-08-01 |
2024-06-20 | $0.03 | monthly | 2024-07-01 |
2024-05-16 | $0.03 | monthly | 2024-06-03 |
2024-04-16 | $0.03 | monthly | 2024-05-01 |
2024-03-18 | $0.03 | monthly | 2024-04-01 |
2024-02-16 | $0.03 | monthly | 2024-03-01 |
2024-01-18 | $0.03 | monthly | 2024-02-01 |
2023-12-18 | $0.03 | monthly | 2024-01-02 |
2023-11-08 | $0.03 | monthly | 2023-12-01 |
2023-10-18 | $0.04 | monthly | 2023-11-01 |
2023-09-19 | $0.04 | monthly | 2023-10-02 |
2023-08-16 | $0.04 | monthly | 2023-09-01 |
2023-07-19 | $0.04 | monthly | 2023-08-01 |
2023-06-16 | $0.04 | monthly | 2023-07-03 |
2023-05-16 | $0.04 | monthly | 2023-06-01 |
2023-04-19 | $0.04 | monthly | 2023-05-01 |
2023-03-16 | $0.04 | monthly | 2023-04-03 |
2023-02-16 | $0.04 | monthly | 2023-03-01 |
2023-01-19 | $0.04 | monthly | 2023-02-01 |
2022-12-16 | $0.04 | monthly | 2023-01-03 |
2022-11-09 | $0.04 | monthly | 2022-12-01 |
2022-10-19 | $0.05 | monthly | 2022-11-01 |
2022-08-16 | $0.05 | monthly | 2022-09-01 |
2022-07-19 | $0.05 | monthly | 2022-08-01 |
2022-06-16 | $0.05 | monthly | 2022-07-01 |
2022-05-17 | $0.05 | monthly | 2022-06-01 |
2022-04-19 | $0.05 | monthly | 2022-05-02 |
2022-03-16 | $0.05 | monthly | 2022-04-01 |
2022-02-16 | $0.05 | monthly | 2022-03-01 |
2022-01-19 | $0.05 | monthly | 2022-02-01 |
2021-12-16 | $0.05 | monthly | 2022-01-03 |
2021-11-17 | $0.05 | monthly | 2021-12-01 |
2021-10-19 | $0.05 | monthly | 2021-11-01 |
2021-09-17 | $0.05 | monthly | 2021-10-01 |
2021-08-17 | $0.05 | monthly | 2021-09-01 |
2021-07-19 | $0.05 | monthly | 2021-08-02 |
2021-06-16 | $0.05 | monthly | 2021-07-01 |
2021-05-18 | $0.05 | monthly | 2021-06-01 |
2021-04-19 | $0.05 | monthly | 2021-05-03 |
2021-03-16 | $0.05 | monthly | 2021-04-01 |
2021-02-17 | $0.05 | monthly | 2021-03-01 |
2021-01-20 | $0.05 | monthly | 2021-02-01 |
2020-12-16 | $0.05 | monthly | 2021-01-04 |
2020-11-18 | $0.05 | monthly | 2020-12-01 |
2020-10-19 | $0.05 | monthly | 2020-11-02 |
2020-09-17 | $0.05 | monthly | 2020-10-01 |
2020-08-17 | $0.05 | monthly | 2020-09-01 |
2020-07-17 | $0.05 | monthly | 2020-08-03 |
2020-06-16 | $0.05 | monthly | 2020-07-01 |
2020-05-18 | $0.05 | monthly | 2020-06-01 |
2020-04-17 | $0.05 | monthly | 2020-05-01 |
2020-03-17 | $0.05 | monthly | 2020-04-01 |
2020-02-19 | $0.05 | monthly | 2020-03-02 |
2020-01-17 | $0.05 | monthly | 2020-02-03 |
2019-12-17 | $0.05 | monthly | 2020-01-02 |
2019-11-19 | $0.05 | monthly | 2019-12-02 |
2019-10-17 | $0.05 | monthly | 2019-11-01 |
2019-09-18 | $0.05 | monthly | 2019-10-01 |
2019-08-16 | $0.05 | monthly | 2019-09-03 |
2019-07-17 | $0.05 | monthly | 2019-08-01 |
2019-06-18 | $0.05 | monthly | 2019-07-01 |
2019-05-16 | $0.05 | monthly | 2019-06-03 |
2019-04-16 | $0.05 | monthly | 2019-05-01 |
2019-03-18 | $0.05 | monthly | 2019-04-01 |
2019-02-15 | $0.05 | monthly | 2019-03-01 |
2019-01-17 | $0.05 | monthly | 2019-02-01 |
2018-12-18 | $0.05 | monthly | 2019-01-02 |
2018-11-19 | $0.05 | monthly | 2018-12-03 |
2018-10-16 | $0.05 | monthly | 2018-11-01 |
2018-09-19 | $0.05 | monthly | 2018-10-01 |
2018-08-16 | $0.05 | monthly | 2018-09-04 |
2018-07-18 | $0.05 | monthly | 2018-08-01 |
2018-06-18 | $0.05 | monthly | 2018-07-02 |
2018-05-15 | $0.05 | monthly | 2018-06-01 |
2018-04-17 | $0.05 | monthly | 2018-05-01 |
2018-03-15 | $0.05 | monthly | 2018-04-02 |
2018-02-15 | $0.05 | monthly | 2018-03-01 |
2018-01-17 | $0.05 | monthly | 2018-02-01 |
2017-12-18 | $0.05 | monthly | 2018-01-02 |
2017-11-16 | $0.05 | monthly | 2017-12-01 |
2017-10-17 | $0.05 | monthly | 2017-11-01 |
2017-09-18 | $0.05 | monthly | 2017-10-02 |
2017-08-14 | $0.05 | monthly | 2017-09-01 |
2017-07-18 | $0.05 | monthly | 2017-08-01 |
2017-06-14 | $0.05 | monthly | 2017-07-03 |
2017-05-15 | $0.05 | monthly | 2017-06-01 |
2017-04-17 | $0.05 | monthly | 2017-05-01 |
2017-03-14 | $0.05 | monthly | 2017-04-03 |
2017-02-15 | $0.05 | monthly | 2017-03-01 |
2017-01-18 | $0.05 | monthly | 2017-02-01 |
2016-12-14 | $0.05 | monthly | 2017-01-03 |
2016-11-07 | $0.05 | monthly | 2016-12-01 |
2016-10-17 | $0.06 | monthly | 2016-11-01 |
2016-09-15 | $0.06 | monthly | 2016-10-03 |
2016-08-12 | $0.06 | monthly | 2016-09-01 |
2016-07-18 | $0.06 | monthly | 2016-08-01 |
2016-06-15 | $0.06 | monthly | 2016-07-01 |
2016-05-16 | $0.06 | monthly | 2016-06-01 |
2016-04-14 | $0.06 | monthly | 2016-05-02 |
2016-03-14 | $0.06 | monthly | 2016-04-01 |
2016-02-16 | $0.06 | monthly | 2016-03-01 |
2016-01-19 | $0.06 | monthly | 2016-02-01 |
2015-12-14 | $0.06 | monthly | 2016-01-04 |
2015-11-16 | $0.06 | monthly | 2015-12-01 |
2015-10-15 | $0.06 | monthly | 2015-11-02 |
2015-09-15 | $0.06 | monthly | 2015-10-01 |
2015-08-14 | $0.06 | monthly | 2015-09-01 |
2015-07-15 | $0.06 | monthly | 2015-08-03 |
2015-06-15 | $0.06 | monthly | 2015-07-01 |
2015-05-14 | $0.06 | monthly | 2015-06-01 |
2015-04-15 | $0.06 | monthly | 2015-05-01 |
2015-03-13 | $0.06 | monthly | 2015-04-01 |
2015-02-17 | $0.06 | monthly | 2015-03-02 |
2015-01-20 | $0.06 | monthly | 2015-02-02 |
2014-12-12 | $0.06 | monthly | 2015-01-02 |
2014-11-17 | $0.06 | monthly | 2014-12-01 |
2014-10-15 | $0.06 | monthly | 2014-11-03 |
2014-09-15 | $0.06 | monthly | 2014-10-01 |
2014-08-14 | $0.06 | monthly | 2014-09-02 |
2014-07-15 | $0.06 | monthly | 2014-08-01 |
2014-06-13 | $0.06 | monthly | 2014-07-01 |
2014-05-14 | $0.06 | monthly | 2014-06-02 |
2014-04-14 | $0.06 | monthly | 2014-05-01 |
2014-03-14 | $0.06 | monthly | 2014-04-01 |
2014-02-18 | $0.06 | monthly | 2014-03-03 |
2014-01-15 | $0.06 | monthly | 2014-02-03 |
2013-12-13 | $0.06 | monthly | 2014-01-02 |
2013-11-15 | $0.06 | monthly | 2013-12-02 |
2013-10-16 | $0.06 | monthly | 2013-11-01 |
2013-09-13 | $0.06 | monthly | 2013-10-01 |
2013-08-15 | $0.06 | monthly | 2013-09-03 |
2013-07-16 | $0.06 | monthly | 2013-08-01 |
BNY Mellon Municipal Bond Infrastructure Fund Dividend per year
BNY Mellon Municipal Bond Infrastructure Fund Dividend growth
BNY Mellon Municipal Bond Infrastructure Fund Dividend Yield
BNY Mellon Municipal Bond Infrastructure Fund current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing BNY Mellon Municipal Bond Infrastructure Fund stock? Use our calculator to estimate your expected dividend yield:
BNY Mellon Municipal Bond Infrastructure Fund Financial Ratios
BNY Mellon Municipal Bond Infrastructure Fund Dividend FAQ
Other factors to consider when evaluating BNY Mellon Municipal Bond Infrastructure Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy BNY Mellon Municipal Bond Infrastructure Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: BNY Mellon Municipal Bond Infrastructure Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BNY Mellon Municipal Bond Infrastructure Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BNY Mellon Municipal Bond Infrastructure Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BNY Mellon Municipal Bond Infrastructure Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BNY Mellon Municipal Bond Infrastructure Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BNY Mellon Municipal Bond Infrastructure Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BNY Mellon Municipal Bond Infrastructure Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BNY Mellon Municipal Bond Infrastructure Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BNY Mellon Municipal Bond Infrastructure Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.