BNY Mellon Strategic Municipal Bond Fund, Inc. Announces Monthly Dividend of $0.03 (NYSE:DSM)

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) announced a monthly dividend on Monday, March 30th. Stockholders of record on Tuesday, April 14th will be paid a dividend of 0.026 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, April 14th.

BNY Mellon Strategic Municipal Bond Fund Trading Up 0.1%

NYSE:DSM opened at $5.81 on Tuesday. BNY Mellon Strategic Municipal Bond Fund has a one year low of $5.28 and a one year high of $6.30. The business’s 50-day simple moving average is $6.10 and its 200 day simple moving average is $6.04.

About BNY Mellon Strategic Municipal Bond Fund

BNY Mellon Strategic Municipal Bond Fund Inc (NYSE: DSM) is a closed-end, diversified management investment company sponsored by The Bank of New York Mellon Corporation. Launched in 2007, DSM is listed on the New York Stock Exchange and offers investors access to a professionally managed portfolio of municipal debt securities. As a publicly traded fund, DSM combines the liquidity of the secondary market with the long-term investment horizon of a mutual fund structure.

The fund’s primary objective is to provide current income exempt from federal income tax.