BNY Mellon Municipal Income, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations that are rated investment grade and have maturities of less than one year. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Municipal Income, Inc. BNY Mellon Municipal Income, Inc. was formed on October 24, 1988 and is domiciled in the United States.
BNY Mellon Municipal Income Dividend Announcement
• BNY Mellon Municipal Income announced a monthly dividend of $0.02 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• BNY Mellon Municipal Income annual dividend for 2024 was $0.19
• BNY Mellon Municipal Income annual dividend for 2023 was $0.19
• BNY Mellon Municipal Income's trailing twelve-month (TTM) dividend yield is 3.05%
• BNY Mellon Municipal Income's payout ratio for the trailing twelve months (TTM) is 41.46%
• BNY Mellon Municipal Income's dividend growth over the last five years (2018-2023) was -14.73% year
• BNY Mellon Municipal Income's dividend growth over the last ten years (2013-2023) was -11.20% year
BNY Mellon Municipal Income Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.02 | monthly | 2024-12-02 |
2024-10-15 | $0.02 | monthly | 2024-10-31 |
2024-09-16 | $0.02 | monthly | 2024-10-01 |
2024-08-14 | $0.02 | monthly | 2024-08-30 |
2024-07-15 | $0.02 | monthly | 2024-07-31 |
2024-06-14 | $0.02 | monthly | 2024-06-28 |
2024-05-13 | $0.01 | monthly | 2024-05-31 |
2024-04-11 | $0.01 | monthly | 2024-04-30 |
2024-03-13 | $0.01 | monthly | 2024-03-29 |
2024-02-13 | $0.01 | monthly | 2024-02-29 |
2024-01-12 | $0.01 | monthly | 2024-01-31 |
2023-12-13 | $0.01 | monthly | 2023-12-29 |
2023-11-14 | $0.01 | monthly | 2023-12-01 |
2023-10-13 | $0.01 | monthly | 2023-10-31 |
2023-09-14 | $0.01 | monthly | 2023-10-02 |
2023-08-09 | $0.01 | monthly | 2023-08-31 |
2023-07-14 | $0.01 | monthly | 2023-07-31 |
2023-06-13 | $0.01 | monthly | 2023-06-30 |
2023-05-11 | $0.01 | monthly | 2023-05-31 |
2023-04-14 | $0.01 | monthly | 2023-04-28 |
2023-03-15 | $0.01 | monthly | 2023-03-31 |
2023-02-13 | $0.02 | monthly | 2023-02-28 |
2023-01-13 | $0.02 | monthly | 2023-01-31 |
2022-12-13 | $0.02 | monthly | 2022-12-30 |
2022-11-09 | $0.02 | monthly | 2022-12-01 |
2022-10-14 | $0.02 | monthly | 2022-10-31 |
2022-09-14 | $0.02 | monthly | 2022-10-03 |
2022-08-15 | $0.02 | monthly | 2022-08-31 |
2022-07-14 | $0.03 | monthly | 2022-07-29 |
2022-06-13 | $0.03 | monthly | 2022-06-30 |
2022-05-12 | $0.03 | monthly | 2022-05-31 |
2022-04-13 | $0.03 | monthly | 2022-04-29 |
2022-03-11 | $0.03 | monthly | 2022-03-31 |
2022-02-11 | $0.03 | monthly | 2022-02-28 |
2022-01-13 | $0.03 | monthly | 2022-01-31 |
2021-12-13 | $0.03 | monthly | 2021-12-31 |
2021-11-12 | $0.03 | monthly | 2021-11-30 |
2021-10-14 | $0.04 | monthly | 2021-10-29 |
2021-09-14 | $0.04 | monthly | 2021-09-30 |
2021-08-12 | $0.04 | monthly | 2021-08-31 |
2021-07-14 | $0.04 | monthly | 2021-07-30 |
2021-06-11 | $0.04 | monthly | 2021-06-30 |
2021-05-13 | $0.04 | monthly | 2021-05-28 |
2021-04-14 | $0.04 | monthly | 2021-04-30 |
2021-03-11 | $0.04 | monthly | 2021-03-31 |
2021-02-11 | $0.04 | monthly | 2021-02-26 |
2021-01-14 | $0.04 | monthly | 2021-01-29 |
2020-12-11 | $0.04 | monthly | 2020-12-31 |
2020-11-13 | $0.04 | monthly | 2020-11-30 |
2020-10-14 | $0.04 | monthly | 2020-10-30 |
2020-09-14 | $0.04 | monthly | 2020-09-30 |
2020-08-13 | $0.04 | monthly | 2020-08-31 |
2020-07-14 | $0.04 | monthly | 2020-07-31 |
2020-06-11 | $0.04 | monthly | 2020-06-30 |
2020-05-13 | $0.04 | monthly | 2020-05-29 |
2020-04-14 | $0.04 | monthly | 2020-04-30 |
2020-03-12 | $0.04 | monthly | 2020-03-31 |
2020-02-13 | $0.04 | monthly | 2020-02-28 |
2020-01-14 | $0.04 | monthly | 2020-01-31 |
2019-12-12 | $0.04 | monthly | 2019-12-31 |
2019-11-14 | $0.04 | monthly | 2019-11-29 |
2019-10-11 | $0.04 | monthly | 2019-10-31 |
2019-09-13 | $0.04 | monthly | 2019-09-30 |
2019-08-13 | $0.04 | monthly | 2019-08-30 |
2019-07-12 | $0.04 | monthly | 2019-07-31 |
2019-06-13 | $0.04 | monthly | 2019-06-28 |
2019-05-13 | $0.04 | monthly | 2019-05-31 |
2019-04-11 | $0.04 | monthly | 2019-04-30 |
2019-03-13 | $0.04 | monthly | 2019-03-29 |
2019-02-13 | $0.04 | monthly | 2019-02-28 |
2019-01-14 | $0.04 | monthly | 2019-01-31 |
2018-12-13 | $0.04 | monthly | 2018-12-31 |
2018-11-15 | $0.04 | monthly | 2018-11-30 |
2018-10-11 | $0.04 | monthly | 2018-10-31 |
2018-09-14 | $0.04 | monthly | 2018-09-28 |
2018-08-13 | $0.04 | monthly | 2018-08-31 |
2018-07-13 | $0.04 | monthly | 2018-07-31 |
2018-06-13 | $0.04 | monthly | 2018-06-29 |
2018-05-10 | $0.04 | monthly | 2018-05-31 |
2018-04-12 | $0.04 | monthly | 2018-04-30 |
2018-03-13 | $0.04 | monthly | 2018-03-29 |
2018-02-08 | $0.04 | monthly | 2018-02-28 |
2018-01-11 | $0.04 | monthly | 2018-01-31 |
2017-12-13 | $0.04 | monthly | 2017-12-29 |
2017-11-13 | $0.04 | monthly | 2017-11-30 |
2017-10-12 | $0.04 | monthly | 2017-10-31 |
2017-09-13 | $0.04 | monthly | 2017-09-29 |
2017-08-09 | $0.04 | monthly | 2017-08-31 |
2017-07-12 | $0.04 | monthly | 2017-07-31 |
2017-06-12 | $0.04 | monthly | 2017-06-30 |
2017-05-09 | $0.04 | monthly | 2017-05-31 |
2017-04-11 | $0.04 | monthly | 2017-04-28 |
2017-03-09 | $0.04 | monthly | 2017-03-31 |
2017-02-21 | $0.04 | monthly | 2017-02-28 |
2017-01-11 | $0.04 | monthly | 2017-01-31 |
2016-12-12 | $0.04 | monthly | 2016-12-30 |
2016-11-14 | $0.04 | monthly | 2016-11-30 |
2016-10-12 | $0.04 | monthly | 2016-10-31 |
2016-09-12 | $0.04 | monthly | 2016-09-30 |
2016-08-09 | $0.04 | monthly | 2016-08-31 |
2016-07-13 | $0.04 | monthly | 2016-07-29 |
2016-06-08 | $0.04 | monthly | 2016-06-30 |
2016-05-11 | $0.04 | monthly | 2016-05-31 |
2016-04-11 | $0.04 | monthly | 2016-04-29 |
2016-03-09 | $0.04 | monthly | 2016-03-31 |
2016-02-10 | $0.04 | monthly | 2016-02-29 |
2016-01-13 | $0.04 | monthly | 2016-01-29 |
2015-12-11 | $0.04 | monthly | 2015-12-31 |
2015-11-12 | $0.05 | monthly | 2015-11-30 |
2015-10-13 | $0.05 | monthly | 2015-10-30 |
2015-09-10 | $0.05 | monthly | 2015-09-30 |
2015-08-11 | $0.05 | monthly | 2015-08-31 |
2015-07-13 | $0.05 | monthly | 2015-07-31 |
2015-06-09 | $0.05 | monthly | 2015-06-30 |
2015-05-11 | $0.05 | monthly | 2015-05-29 |
2015-04-13 | $0.05 | monthly | 2015-04-30 |
2015-03-10 | $0.05 | monthly | 2015-03-31 |
2015-02-10 | $0.05 | monthly | 2015-02-27 |
2015-01-12 | $0.05 | monthly | 2015-01-30 |
2014-12-09 | $0.05 | monthly | 2014-12-31 |
2014-11-12 | $0.05 | monthly | 2014-11-28 |
2014-10-09 | $0.05 | monthly | 2014-10-31 |
2014-09-10 | $0.05 | monthly | 2014-09-30 |
2014-08-11 | $0.05 | monthly | 2014-08-29 |
2014-07-10 | $0.05 | monthly | 2014-07-31 |
2014-06-11 | $0.05 | monthly | 2014-06-30 |
2014-05-09 | $0.05 | monthly | 2014-05-30 |
2014-04-09 | $0.05 | monthly | 2014-04-30 |
2014-03-12 | $0.05 | monthly | 2014-03-31 |
2014-02-11 | $0.05 | monthly | 2014-02-28 |
2014-01-13 | $0.05 | monthly | 2014-01-31 |
2013-12-10 | $0.05 | monthly | 2013-12-27 |
2013-11-12 | $0.05 | monthly | 2013-11-29 |
2013-10-15 | $0.05 | monthly | 2013-10-31 |
2013-09-11 | $0.05 | monthly | 2013-09-30 |
2013-08-12 | $0.05 | monthly | 2013-08-30 |
2013-07-10 | $0.05 | monthly | 2013-07-31 |
2013-06-11 | $0.05 | monthly | 2013-06-28 |
2013-05-13 | $0.05 | monthly | 2013-05-31 |
2013-04-10 | $0.05 | monthly | 2013-04-30 |
2013-03-11 | $0.05 | monthly | 2013-03-28 |
2013-02-11 | $0.05 | monthly | 2013-02-28 |
2013-01-10 | $0.05 | monthly | 2013-01-31 |
BNY Mellon Municipal Income Dividend per year
BNY Mellon Municipal Income Dividend growth
BNY Mellon Municipal Income Dividend Yield
BNY Mellon Municipal Income current trailing twelve-month (TTM) dividend yield is 3.05%. Interested in purchasing BNY Mellon Municipal Income stock? Use our calculator to estimate your expected dividend yield:
BNY Mellon Municipal Income Financial Ratios
BNY Mellon Municipal Income Dividend FAQ
Other factors to consider when evaluating BNY Mellon Municipal Income 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 Income 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 Income'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 Income 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 Income 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 Income 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 Income 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 Income 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 Income 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 Income'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 Income'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.