Stratos Wealth Partners LTD. Holds Position in DREYFUS STRATEG (NYSE:DSM)
Stratos Wealth Partners LTD. held its stake in shares of DREYFUS STRATEG (NYSE:DSM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,000 shares of the investment management company’s stock at the end of the second quarter. Stratos Wealth Partners LTD.’s holdings in DREYFUS STRATEG were worth $170,000 as of its most recent SEC filing.
Separately, Benjamin F. Edwards & Company Inc. acquired a new stake in shares of DREYFUS STRATEG during the second quarter worth $102,000. 7.94% of the stock is currently owned by institutional investors.
Shares of DREYFUS STRATEG (NYSE:DSM) opened at 8.65 on Friday. The firm has a 50-day moving average price of $8.65 and a 200-day moving average price of $8.45. DREYFUS STRATEG has a one year low of $7.88 and a one year high of $9.10.
The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Friday, August 11th will be given a dividend of $0.0415 per share. This represents a $0.50 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend is Wednesday, August 9th.
DREYFUS STRATEG Company Profile
Dreyfus Strategic Municipal Bond Fund, Inc is a diversified closed-end management investment company. The Fund’s investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its net assets in municipal bonds considered investment grade or the unrated equivalent.
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