BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) announced a monthly dividend on Friday, August 28th. Stockholders of record on Monday, September 14th will be given a dividend of 0.03 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Monday, September 14th.
BNY Mellon Strategic Municipal Bond Fund Price Performance
Shares of NYSE:DSM opened at $5.58 on Friday. BNY Mellon Strategic Municipal Bond Fund has a 52-week low of $5.56 and a 52-week high of $6.30. The business’s 50 day moving average is $5.88 and its 200 day moving average is $6.00.
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.
See Also
- Five stocks we like better than BNY Mellon Strategic Municipal Bond Fund
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
- American Eagle Goes on Sale: Is It Time to Buy?
- MarketBeat Week in Review – 09/07 – 09/11
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
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.
