BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Free Report) announced a monthly dividend on Monday, December 30th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.019 per share on Friday, January 31st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Wednesday, January 15th.
BNY Mellon Municipal Income has decreased its dividend payment by an average of 17.7% per year over the last three years.
BNY Mellon Municipal Income Stock Down 0.4 %
DMF opened at $7.08 on Monday. The company has a fifty day moving average of $7.22 and a two-hundred day moving average of $7.26. BNY Mellon Municipal Income has a fifty-two week low of $6.40 and a fifty-two week high of $7.52.
BNY Mellon Municipal Income Company Profile
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.
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