BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM – Get Free Report) declared a monthly dividend on Monday, December 30th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.018 per share by the investment management company on Friday, January 31st. This represents a $0.22 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Wednesday, January 15th.
BNY Mellon Strategic Municipal Bond Fund has decreased its dividend payment by an average of 13.2% per year over the last three years.
BNY Mellon Strategic Municipal Bond Fund Price Performance
BNY Mellon Strategic Municipal Bond Fund stock opened at $5.79 on Monday. The stock’s 50 day moving average price is $5.96 and its 200 day moving average price is $6.04. BNY Mellon Strategic Municipal Bond Fund has a one year low of $5.54 and a one year high of $6.38.
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.
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