BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Thursday, July 30th. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.03 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, August 13th.
BNY Mellon Strategic Municipal Bond Fund Stock Down 0.2%
NYSE:DSM opened at $5.82 on Friday. The stock’s 50-day simple moving average is $6.07 and its 200 day simple moving average is $6.08. BNY Mellon Strategic Municipal Bond Fund has a 52-week low of $5.49 and a 52-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.
Featured Articles
- Five stocks we like better than BNY Mellon Strategic Municipal Bond Fund
- MarketBeat Week in Review – 07/27- 07/31
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
Receive News & Ratings for BNY Mellon Strategic Municipal Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Strategic Municipal Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.
