BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Announces Monthly Dividend of $0.02

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared a monthly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Investors 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 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 payment by an average of 9.6% per year over the last three years.

BNY Mellon Strategic Municipal Bond Fund Trading Up 1.0 %

Shares of NYSE:DSM traded up $0.06 during trading on Thursday, hitting $6.06. 163,125 shares of the company were exchanged, compared to its average volume of 127,446. BNY Mellon Strategic Municipal Bond Fund has a 52-week low of $5.27 and a 52-week high of $6.38. The stock has a 50 day moving average of $6.11 and a 200 day moving average of $6.00.

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.