BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Thursday, February 27th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.018 per share by the investment management company on Monday, March 31st. This represents a $0.22 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Friday, March 14th.
BNY Mellon Strategic Municipal Bond Fund has decreased its dividend by an average of 15.7% per year over the last three years.
BNY Mellon Strategic Municipal Bond Fund Stock Performance
Shares of NYSE:DSM opened at $5.90 on Wednesday. BNY Mellon Strategic Municipal Bond Fund has a fifty-two week low of $5.54 and a fifty-two week high of $6.38. The firm has a fifty day moving average price of $5.90 and a 200 day moving average price of $6.02.
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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