NEW YORK--(BUSINESS WIRE)--Dreyfus Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced its initial distribution of $0.0625 per share of common stock, payable on August 1, 2013, to shareholders of record at the close of business on July 18, 2013. The ex-dividend date is July 16, 2013. This distribution reflects an annualized distribution rate of 5% based on the Fund's $15.00 per share initial public offering price. The Fund began trading on the New York Stock Exchange on April 26, 2013.
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.