DREYFUS STRATEG (NYSE:DSM) announced a monthly dividend on Thursday, August 31st, Wall Street Journal reports. Shareholders of record on Thursday, September 14th will be given a dividend of 0.0415 per share by the investment management company on Friday, September 29th. This represents a $0.50 annualized dividend and a yield of 5.78%. The ex-dividend date is Wednesday, September 13th.
DREYFUS STRATEG has decreased its dividend payment by an average of 4.4% per year over the last three years.
DREYFUS STRATEG (NYSE:DSM) opened at 8.61 on Friday. DREYFUS STRATEG has a one year low of $7.88 and a one year high of $9.10. The firm has a 50 day moving average of $8.67 and a 200-day moving average of $8.49.
DREYFUS STRATEG Company Profile
Dreyfus Strategic Municipal Bond Fund, Inc is a diversified closed-end management investment company. The Fund’s investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its net assets in municipal bonds considered investment grade or the unrated equivalent.
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