BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)

NYSE: DMB · Real-Time Price · USD
10.64
-0.03 (-0.28%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.28%
Market Value 195.84M
Revenue (ttm) 15.16M
Net Income (ttm) 19.43M
Shares Out 18.41M
EPS (ttm) 1.06
PE Ratio 10.08
Forward PE n/a
Dividend $0.36 (3.38%)
Ex-Dividend Date Nov 20, 2024
Volume 40,673
Open 10.63
Previous Close 10.67
Day's Range 10.63 - 10.66
52-Week Range 9.63 - 11.28
Beta 0.52
Analysts n/a
Price Target n/a
Earnings Date n/a

About DMB

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... [Read more]

Sector Financials
Founded 2013
Country United States
Stock Exchange NYSE
Ticker Symbol DMB
Full Company Profile

News

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

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 December 2, 2024 to sharehold...

16 days ago - Business Wire

DMB: Muni Fund Offers Speculative Opportunity

Municipal CEFs are experiencing wide discounts, making them a speculative opportunity with potential for superior returns. We examine BNY Mellon Municipal Bond Infrastructure Fund, Inc. and see whethe...

9 months ago - Seeking Alpha

DMB: Very Disappointing Yield, But A Decent Muni Bond Fund

The BNY Mellon Municipal Bond Infrastructure Fund, Inc. offers a tax-free yield of 3.57%, which is not attractive compared to other fixed-income options. The DMB closed-end fund's performance has been...

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: November 26, 2023

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Other symbols: BGRBTACUBAEMOEOTFCOGGT
1 year ago - Seeking Alpha

DMB: 3% Total Return Over 5 Years, But Prospects Improve From Here

Our last article had a warning on BNY Mellon Municipal Bond Infrastructure Fund. Returns have been poor since then, and 5-year returns have been exceptionally bad. We tell you why things are likely to...

1 year ago - Seeking Alpha

DMB: High Expense Ratio Holding This Fund Back

BNY Mellon Municipal Bond Infrastructure Fund focuses on regional government bonds related to infrastructure projects. The fund's distributions are tax-advantaged and relatively safe. The fund's distr...

1 year ago - Seeking Alpha

Earn Tax-Free Passive Income - Yields Up To 9%

When you earn a lot of income as a professional income investor, it's nice to have some portfolio holdings that pay no federal tax. You're able to help the nation grow and be strong, all while receivi...

Other symbols: GHI
1 year ago - Seeking Alpha

Earn Strong Tax-Free Income: DMB

Who doesn't love paying less taxes? Now you can earn excellent income and don't have to pay any taxes on it whatsoever. If you love buying things that are at a discount, you'll love buying this on a d...

1 year ago - Seeking Alpha

DMB: Infrastructure Focused Municipal Bond CEF

BNY Mellon Municipal Bond Infrastructure Fund primarily invests in tax-exempt investment grade debt obligations in sectors like transportation, energy, and utilities. The Debt Ceiling bill maintains i...

1 year ago - Seeking Alpha

Earn Up To +13% Yields: 2 Bargain Picks

Today we'll get one tax free and one taxable investment. Both offer great income today and bright outlooks for tomorrow.

Other symbols: BRSP
1 year ago - Seeking Alpha

2 Great Dividends To Buy And Hold For Decades

Investors should measure holding periods in years, not days or weeks. We have grown accustomed to having possession for short periods of time; planned obsolescence is to blame.

Other symbols: WPC
1 year ago - Seeking Alpha

Buy The Dip - 2 Dividends At Bargain Prices

CEFs trend towards a reversion to mean over time. We find two funds trading outside of their normal discount/premium.

Other symbols: HQH
1 year ago - Seeking Alpha

DMB: Stay Far Away At This Stage Of The Cycle

BNY Mellon Municipal Bond Infrastructure Fund recently cut its distribution. The fund has produced about 0% in total returns over the last 5 years as reversal from ZIRP had negative consequences.

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)

2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

Other symbols: ACPAGDASGIBCXCLMDBLDMO
2 years ago - Seeking Alpha

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Declares Distribution and Announces Reduction in Monthly Distribution Amount

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a monthly cash distribution of $0.04 per share of common stock, payable on December 1, 2022 t...

2 years ago - Business Wire

My Lunch Is Free With These High Yield Picks

No such thing as a free lunch? Think again. We need income from stable or growing sources, we highlight two of them today.

Other symbols: UTGXLU
2 years ago - Seeking Alpha

DMB: Municipal Rated Bond CEF With A Low But Steady Yield

DMB provides investors a monthly federal tax-exempt dividend by investing in high-yielding municipal bonds, with an emphasis on infrastructure projects. Due to a looming recession, many investors find...

2 years ago - Seeking Alpha

CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?

Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...

2 years ago - Seeking Alpha

Income-Investing Picks for a Recession

If you are furious  –or just frustrated –with the inflation readings, the price of fuel and the daily trading drama on Wall Street, remember that we have seen this trouble before, survived and recover...

Other symbols: UUP
2 years ago - Kiplinger

Municipal Sector Update: Munis Continue To Outperform As Markets Dislocate

Despite rising Treasury yields, the Muni sector continues to outperform as the current market dislocation hits lower-quality sectors harder. We take a look at a number of misconceptions held by some C...

Other symbols: MUANZFOIA
2 years ago - Seeking Alpha

Federal Tax-Exempt +5% Yield Highly Defensive Investment: DMB

Monthly tax-exempt distribution. Very low-risk investment with defaults being very rare in this sector.

2 years ago - Seeking Alpha

Municipal CEF Sector Update: Outperforming The Market For A Change

The municipal CEF sector has outperformed the broader CEF space over the last month for a change, supported by stabilizing Treasury yields and a lower sensitivity to rising credit spreads. We discuss ...

Other symbols: BTTMMDNADNMZ
2 years ago - Seeking Alpha

Muni Market Update January 2022: The Sector Corrects

Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.

Other symbols: BTAEVNLEOMUBMYINEANMCO
3 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.

Other symbols: ASGBTABUICETCLMCRFFINS
3 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: November 7, 2021

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags.

Other symbols: ASGBHVCIFCPZCXECXHDSM
3 years ago - Seeking Alpha