BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Wednesday, April 29th. Shareholders of record on Wednesday, May 13th will be paid a dividend of 0.026 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Wednesday, May 13th.
BNY Mellon Strategic Municipal Bond Fund Price Performance
Shares of NYSE DSM opened at $6.17 on Monday. BNY Mellon Strategic Municipal Bond Fund has a fifty-two week low of $5.45 and a fifty-two week high of $6.30. The company has a 50 day simple moving average of $6.04 and a two-hundred day simple moving average of $6.05.
BNY Mellon Strategic Municipal Bond Fund Company Profile
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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