BNY Mellon Municipal Income, Inc.

BNY Mellon Municipal Income, Inc.verified

DMF

Price:

$7.41

Market Cap:

$153.81M

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. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Municipal Income, Inc. BNY Mellon Municipal Income, Inc. was formed on October 24, 1988 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1988-10-24

Stock Exchange

NYSE

Ticker

DMF

The Dividend Yield as of September 2024 (TTM) for BNY Mellon Municipal Income, Inc. (DMF) is 2.65%

According to BNY Mellon Municipal Income, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 2.65%. This represents a change of 46.08% compared to the average of 1.81% of the last 4 quarters.

BNY Mellon Municipal Income, Inc. (DMF) Historical Dividend Yield (quarterly & annually)

How has DMF Dividend Yield performed in the past?

The mean historical Dividend Yield of BNY Mellon Municipal Income, Inc. over the last ten years is 6.09%. The current 2.65% Dividend Yield has changed -56.58% with respect to the historical average. Over the past ten years (40 quarters), DMF's Dividend Yield was at its highest in in the September 2008 quarter at 4.66%. The Dividend Yield was at its lowest in in the March 2019 quarter at 1.24%.

Quarterly (TTM)
Annual

Average

6.09%

Median

5.46%

Minimum

3.92%

Maximum

14.51%

BNY Mellon Municipal Income, Inc. (DMF) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of BNY Mellon Municipal Income, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.52%

Maximum Annual Dividend Yield = 14.51%

Minimum Annual Increase = -53.80%

Minimum Annual Dividend Yield = 3.92%

Quarterly (TTM)
Annual
YearDividend YieldChange
20233.92%-33.39%
20225.88%47.52%
20213.98%-17.74%
20204.84%7.83%
20194.49%-20.78%
20185.67%5.23%
20175.39%-2.74%
20165.54%-17.33%
20156.70%-53.80%
201414.51%11.73%

BNY Mellon Municipal Income, Inc. (DMF) Average Dividend Yield

How has DMF Dividend Yield performed in the past?

The current Dividend Yield of BNY Mellon Municipal Income, Inc. (DMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.59%

5-year avg

4.62%

10-year avg

6.09%

BNY Mellon Municipal Income, Inc. (DMF) Dividend Yield vs. Peers

How is DMF’s Dividend Yield compared to its peers?

BNY Mellon Municipal Income, Inc.’s Dividend Yield is less than BlackRock MuniYield Fund, Inc. (5.19%), less than BlackRock Municipal Income Fund, Inc. (4.98%), less than BlackRock MuniYield Quality Fund, Inc. (3.57%), less than BlackRock MuniYield Quality Fund III, Inc. (5.35%), less than BlackRock MuniHoldings Quality Fund II, Inc. (4.72%), less than BlackRock MuniHoldings Fund, Inc. (4.68%), less than DTF Tax-Free Income 2028 Term Fund Inc. (3.46%), less than John Hancock Income Securities Trust (4.02%), less than MFS Investment Grade Municipal Trust (3.90%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than Invesco High Income 2024 Target Term Fund (4.92%), less than BlackRock MuniYield Quality Fund II, Inc. (5.16%), less than MFS Municipal Income Trust (4.48%), less than MFS High Income Municipal Trust (4.39%), less than Credit Suisse High Yield Bond Fund, Inc. (7.13%), less than BNY Mellon High Yield Strategies Fund (7.57%), less than Western Asset Global High Income Fund Inc. (11.69%), greater than Nuveen Short Duration Credit Opportunities Fund (0%), less than Neuberger Berman New York Municipal Fund, Inc. (0.29%), less than Eaton Vance New York Municipal Bond Fund (4.39%),

Build a custom stock screener for BNY Mellon Municipal Income, Inc. (DMF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like BNY Mellon Municipal Income, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

BNY Mellon Municipal Income, Inc. (DMF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like BNY Mellon Municipal Income, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Dividend Yield?

How can you use the Dividend Yield?

What is BNY Mellon Municipal Income, Inc.'s Dividend Yield?

How is the Dividend Yield calculated for BNY Mellon Municipal Income, Inc. (DMF)?

What is the highest Dividend Yield for BNY Mellon Municipal Income, Inc. (DMF)?

What is the 3-year average Dividend Yield for BNY Mellon Municipal Income, Inc. (DMF)?

What is the 5-year average Dividend Yield for BNY Mellon Municipal Income, Inc. (DMF)?

How does the current Dividend Yield for BNY Mellon Municipal Income, Inc. (DMF) compare to its historical average?