BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) announced a monthly dividend on Tuesday, July 30th, Wall Street Journal reports. Stockholders of record on Wednesday, August 14th will be paid a dividend of 0.018 per share by the investment management company on Friday, August 30th. This represents a $0.22 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Wednesday, August 14th.
BNY Mellon Strategic Municipal Bond Fund has decreased its dividend payment by an average of 9.6% per year over the last three years.
BNY Mellon Strategic Municipal Bond Fund Price Performance
DSM opened at $6.06 on Monday. BNY Mellon Strategic Municipal Bond Fund has a 1 year low of $4.69 and a 1 year high of $6.09. The stock has a fifty day moving average price of $5.90 and a 200 day moving average price of $5.79.
BNY Mellon Strategic Municipal Bond Fund Company Profile
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.
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