BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Monday, March 30th. Stockholders of record on Tuesday, April 14th will be given a dividend of 0.026 per share by the investment management company on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, April 14th.
BNY Mellon Strategic Municipal Bond Fund Stock Up 0.1%
Shares of DSM opened at $5.81 on Tuesday. BNY Mellon Strategic Municipal Bond Fund has a one year low of $5.28 and a one year high of $6.30. The business has a fifty day moving average of $6.10 and a 200 day moving average of $6.04.
About BNY Mellon Strategic Municipal Bond Fund
BNY Mellon Strategic Municipal Bond Fund Inc (NYSE: DSM) is a closed-end, diversified management investment company sponsored by The Bank of New York Mellon Corporation. Launched in 2007, DSM is listed on the New York Stock Exchange and offers investors access to a professionally managed portfolio of municipal debt securities. As a publicly traded fund, DSM combines the liquidity of the secondary market with the long-term investment horizon of a mutual fund structure.
The fund’s primary objective is to provide current income exempt from federal income tax.
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