BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Thursday, August 29th, Wall Street Journal reports. Stockholders of record on Monday, September 16th will be given a dividend of 0.018 per share by the investment management company on Tuesday, October 1st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Monday, September 16th.
BNY Mellon Strategic Municipal Bond Fund has decreased its dividend payment by an average of 9.6% per year over the last three years.
BNY Mellon Strategic Municipal Bond Fund Stock Down 0.3 %
DSM opened at $6.31 on Friday. The business’s fifty day simple moving average is $6.04 and its 200 day simple moving average is $5.86. BNY Mellon Strategic Municipal Bond Fund has a 52 week low of $4.69 and a 52 week high of $6.38.
BNY Mellon Strategic Municipal Bond Fund Company Profile
BNY Mellon Strategic Municipal Bond 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 investment grade municipal bonds which are exempt from federal income tax.
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