BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) announced a monthly dividend on Thursday, July 30th. Shareholders of record on Thursday, August 13th will be given a dividend of 0.03 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date is Thursday, August 13th.
BNY Mellon Strategic Municipal Bond Fund Stock Performance
DSM opened at $5.84 on Friday. BNY Mellon Strategic Municipal Bond Fund has a one year low of $5.49 and a one year high of $6.30. The company has a fifty day moving average price of $6.07 and a 200-day moving average price of $6.08.
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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