BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared a monthly dividend on Thursday, September 30th, Wall Street Journal reports. Investors of record on Friday, October 15th will be given a dividend of 0.03 per share by the investment management company on Friday, October 29th. This represents a $0.36 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Thursday, October 14th.
BNY Mellon Strategic Municipal Bond Fund has decreased its dividend by 27.7% over the last three years.
BNY Mellon Strategic Municipal Bond Fund stock opened at $8.05 on Wednesday. BNY Mellon Strategic Municipal Bond Fund has a 52-week low of $7.20 and a 52-week high of $8.59. The company has a fifty day simple moving average of $8.31 and a 200-day simple moving average of $8.20.
BNY Mellon Strategic Municipal Bond Fund, Inc operates as closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The company was founded in 1989 and is headquartered in New York, NY.
See Also: Dividend Yield
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