BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) To Go Ex-Dividend on December 13th

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) announced a monthly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.018 per share by the investment management company on Tuesday, December 31st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend is Friday, December 13th.

BNY Mellon Strategic Municipal Bond Fund has decreased its dividend by an average of 9.6% annually over the last three years.

BNY Mellon Strategic Municipal Bond Fund Trading Up 1.0 %

DSM opened at $6.06 on Friday. The business’s 50-day simple moving average is $6.11 and its 200-day simple moving average is $6.00. BNY Mellon Strategic Municipal Bond Fund has a one year low of $5.27 and a one year high of $6.38.

About BNY Mellon Strategic Municipal Bond Fund

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.