Dreyfus Municipal Income, Inc. Declares Monthly Cash Dividend, Payable on February 29, 2016
January 28, 2016 at 09:02 pm
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Dreyfus Municipal Income, Inc. announced that it has declared a monthly cash dividend of $0.045 per share of common stock from net investment income. The distributions are payable on February 29, 2016 to shareholders of record on February 12, 2016, with an ex dividend date of February 10, 2016.
BNY Mellon Municipal Income, Inc. (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of the value of its net assets in municipal obligations and invests in municipal obligations which, at the time of purchase, are rated investment grade or the unrated equivalent as determined by advisor in the case of bonds, and rated in the two highest rating categories or the unrated equivalent as determined by advisor. The Fund may invest more than 25% of the value of its total assets in industrial development bonds which, although issued by industrial development authorities, may be backed only by the assets and revenues of the non-governmental users. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor.
BNY MELLON MUNICIPAL INCOME, INC. 
