BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) announced a monthly dividend on Thursday, February 26th. Stockholders of record on Thursday, March 12th will be given a dividend of 0.026 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Thursday, March 12th.
BNY Mellon Strategic Municipal Bond Fund Trading Down 0.3%
NYSE DSM opened at $6.18 on Friday. The business’s fifty day moving average is $6.15 and its 200 day moving average is $5.98. BNY Mellon Strategic Municipal Bond Fund has a fifty-two week low of $5.28 and a fifty-two week high of $6.30.
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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