Dreyfus Strategic Municipal Bond Fund, Inc. to Issue Monthly Dividend of $0.04 (DSM)
Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared a monthly dividend on Friday, November 2nd, Wall Street Journal reports. Stockholders of record on Friday, November 16th will be given a dividend of 0.035 per share by the investment management company on Friday, November 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date is Thursday, November 15th.
Dreyfus Strategic Municipal Bond Fund has decreased its dividend by an average of 4.1% per year over the last three years.
DSM opened at $7.17 on Friday. Dreyfus Strategic Municipal Bond Fund has a 52 week low of $6.79 and a 52 week high of $8.57.
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