XDMBX Dreyfus Municipal Bond Infrastructure Fund Inc

Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend Reduction

Dreyfus Municipal Bond Infrastrucure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on December 1, 2016 to shareholders of record at the close of business on November 9, 2016. The ex-dividend date is November 7, 2016. The $0.0530 per share investment income dividend represents a decrease of $0.0095 from the previously declared monthly net investment income dividend of $0.0625 per share.

The dividend reduction primarily reflects the lower reinvestment rate environment that has existed in the market for the reinvestment of the proceeds from coupon payments and from called, sold and/or matured securities, as well as tight credit spreads and an increase in short-term interest rates that increases the cost of leverage. DMB's accumulated undistributed investment income-net was approximately $941,000 as of September 30, 2016.*

The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or, in addition to paying out current net investment income, the Fund may pay out accumulated undistributed income, or may return capital. As market conditions and portfolio performance may change, the rate of distributions on the Fund's shares of common stock and the Fund's distribution policy could change.

* The accumulated undistributed investment income-net is determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles.

EN
25/10/2016

Underlying

Reports on Dreyfus Municipal Bond Infrastructure Fund Inc

BNY Mellon Municipal Bond Infrastructure Fund Inc: 1 director

A director at BNY Mellon Municipal Bond Infrastructure Fund Inc bought 7,100 shares at 10.609USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...

 PRESS RELEASE

Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces...

NEW YORK--(BUSINESS WIRE)-- Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0530 per share of common stock, payable on June 1, 2018 to shareholders of record at the close of business on May 16, 2018. The ex-dividend date is May 15, 2018. The previous dividend announced in April was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable...

 PRESS RELEASE

Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces...

NEW YORK--(BUSINESS WIRE)-- Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on May 1, 2018 to shareholders of record at the close of business on April 18, 2018. The ex-dividend date is April 17, 2018. The previous dividend announced in March was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a st...

 PRESS RELEASE

Fund Statistics Now Available for: Dreyfus Municipal Bond Infrastructu...

NEW YORK--(BUSINESS WIRE)-- Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) announced that certain fund statistics as of February 28, 2018 are now available. The fund statistics can be found in the Closed-End Funds section of im.bnymellon.com and can be accessed at: https://im.bnymellon.com/us/en/individual/products/closed-end-funds.jsp To order a hard copy of this information, call 1-800-334-6899. View source version on businesswire.com: http://www.businesswire.com/news/home/20180313006373/en/

 PRESS RELEASE

Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces...

NEW YORK--(BUSINESS WIRE)-- Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0530 per share of common stock, payable on April 2, 2018 to shareholders of record at the close of business on March 16, 2018. The ex-dividend date is March 15, 2018. The previous dividend announced in February was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch