BNY Mellon's municipal bond fund lifts monthly payout to 5 cents

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) announced a distribution of $0.0500 per share, payable on June 1, 2026. This increase from the previous $0.0420 distribution is attributed to higher yields earned on the Fund’s investments. The Fund intends to maintain regular monthly distributions, which may fluctuate based on market conditions and portfolio performance.

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