BNY Mellon Municipal (AMEX:DMF) Stock, Quote.Headers.trade-ideas

BNY Mellon Municipal

Blackrock NY Municipal

Dreyfus Municipal Income

BNY Mellon Municipal Income, Inc. is a non-diversified closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The fund invests in municipal obligations that are rated investment grade and have maturities of less than one year. The company targets to invest in the sector such as education, pre-refunded muni, utility, transportation, healthcare, special tax, state/territory general obligations, industry revenue, and pollution control.

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BNY Mellon Municipal Income Inc. Common Stock

BNY Mellon Municipal Income, Inc.

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Friday marks the last chance for investors to receive the next dividend payout from BNY Mellon Municipal (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/DMF#AMEX">DMF</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 29 cents per share. On Monday, BNY Mellon Municipal will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 29 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own DMF as of the end of Friday's session are eligible to receive the 29 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on June 30, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on BNY Mellon Municipal <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Dividends

Friday Is Your Last Chance To Buy BNY Mellon Municipal Before The Dividend Payout

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BNY Mellon Municipal

BNY Mellon Municipal (DMF) Forecast

BNY Mellon Municipal (AMEX:DMF) Stock, Quote.Headers.trade-ideas