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DMB

BNY Mellon Municipal Bond Infrastructure FundNYSE:DMB Stock Report

Last Price

US$14.19

Market Cap

US$261.0m

7D

-1.3%

1Y

-1.3%

Updated

16 Jan, 2022

Data

Company Financials
DMB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends2/6

DMB Stock Overview

BNY Mellon Municipal Bond Infrastructure Fund, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for BNY Mellon Municipal Bond Infrastructure Fund
Historical stock prices
Current Share PriceUS$14.19
52 Week HighUS$17.07
52 Week LowUS$13.64
Beta0.40
1 Month Change-0.98%
3 Month Change-11.37%
1 Year Change-1.25%
3 Year Change16.41%
5 Year Change13.43%
Change since IPO-5.40%

Recent News & Updates

Feb 02

BNY Mellon Municipal Bond Infrastructure Fund declares $0.053 dividend

BNY Mellon Municipal Bond Infrastructure Fund (DMB) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.33%Payable March 1; for shareholders of record Feb. 18; ex-div Feb. 17.See DMB Dividend Scorecard, Yield Chart, & Dividend Growth.

Jan 05

BNY Mellon Municipal Bond Infrastructure Fund declares $0.053 dividend

BNY Mellon Municipal Bond Infrastructure Fund (DMB) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.56%Payable Feb. 1; for shareholders of record Jan. 21; ex-div Jan. 20.See DMB Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 02

BNY Mellon Municipal Bond Infrastructure Fund declares $0.053 dividend

BNY Mellon Municipal Bond Infrastructure Fund (DMB) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.53%Payable Jan. 4; for shareholders of record Dec. 17; ex-div Dec. 16.See DMB Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

DMBUS Capital MarketsUS Market
7D-1.3%-1.6%-0.5%
1Y-1.3%30.2%13.7%

Return vs Industry: DMB underperformed the US Capital Markets industry which returned 30.2% over the past year.

Return vs Market: DMB underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is DMB's price volatile compared to industry and market?
DMB volatility
DMB Average Weekly Movement2.1%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: DMB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: DMB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/an/a

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. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody’s with an effective duration of up to 14 years.

BNY Mellon Municipal Bond Infrastructure Fund Fundamentals Summary

How do BNY Mellon Municipal Bond Infrastructure Fund's earnings and revenue compare to its market cap?
DMB fundamental statistics
Market CapUS$260.99m
Earnings (TTM)-US$224.77k
Revenue (TTM)US$17.02m

15.3x

P/S Ratio

-1,161x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DMB income statement (TTM)
RevenueUS$17.02m
Cost of RevenueUS$0
Gross ProfitUS$17.02m
ExpensesUS$17.24m
Earnings-US$224.77k

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin100.00%
Net Profit Margin-1.32%
Debt/Equity Ratio17.6%

How did DMB perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

-5,204%

Payout Ratio

Does DMB pay a reliable dividends?

See DMB dividend history and benchmarks
When do you need to buy DMB by to receive an upcoming dividend?
BNY Mellon Municipal Bond Infrastructure Fund dividend dates
Ex Dividend DateJan 19 2022
Dividend Pay DateFeb 01 2022
Days until Ex dividend1 day
Days until Dividend pay date14 days

Does DMB pay a reliable dividends?

See DMB dividend history and benchmarks

Valuation

Is BNY Mellon Municipal Bond Infrastructure Fund undervalued compared to its fair value and its price relative to the market?

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DMB ($14.19) is trading above our estimate of fair value ($5.45)

Significantly Below Fair Value: DMB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DMB is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: DMB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DMB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DMB is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (42.4x).

Future Growth

How is BNY Mellon Municipal Bond Infrastructure Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BNY Mellon Municipal Bond Infrastructure Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BNY Mellon Municipal Bond Infrastructure Fund performed over the past 5 years?

-10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DMB is currently unprofitable.

Growing Profit Margin: DMB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DMB is unprofitable, and losses have increased over the past 5 years at a rate of 10.8% per year.

Accelerating Growth: Unable to compare DMB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DMB is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (86.4%).


Return on Equity

High ROE: DMB has a negative Return on Equity (-0.066%), as it is currently unprofitable.

Financial Health

How is BNY Mellon Municipal Bond Infrastructure Fund's financial position?


Financial Position Analysis

Short Term Liabilities: DMB's short term assets ($5.9M) exceed its short term liabilities ($1.4M).

Long Term Liabilities: DMB's short term assets ($5.9M) do not cover its long term liabilities ($59.9M).


Debt to Equity History and Analysis

Debt Level: DMB's net debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: DMB's debt to equity ratio has increased from 11% to 17.6% over the past 5 years.

Debt Coverage: DMB's debt is well covered by operating cash flow (21.4%).

Interest Coverage: DMB's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet

Dividend

What is BNY Mellon Municipal Bond Infrastructure Fund current dividend yield, its reliability and sustainability?

4.48%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 17 2022Ex Dividend DateJan 19 2022Dividend Pay DateFeb 01 202213 days from Ex DividendBuy in the next 1 day to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: DMB's dividend (4.48%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: DMB's dividend (4.48%) is in the top 25% of dividend payers in the US market (3.44%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DMB has been paying a dividend for less than 10 years.

Growing Dividend: DMB's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: DMB is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average board tenure


CEO

BNY Mellon Municipal Bond Infrastructure Fund has no CEO, or we have no data on them.


Board Members

Experienced Board: DMB's board of directors are considered experienced (9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BNY Mellon Municipal Bond Infrastructure Fund, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BNY Mellon Municipal Bond Infrastructure Fund, Inc.
  • Ticker: DMB
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$260.989m
  • Shares outstanding: 18.39m

Location

  • BNY Mellon Municipal Bond Infrastructure Fund, Inc.
  • 200 Park Avenue
  • New York
  • New York
  • 10166
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:08
End of Day Share Price2022/01/14 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.