BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) To Go Ex-Dividend on January 14th

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) announced a monthly dividend on Tuesday, December 30th. Investors of record on Wednesday, January 14th will be given a dividend of 0.023 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, January 14th.

BNY Mellon Strategic Municipal Bond Fund Price Performance

BNY Mellon Strategic Municipal Bond Fund stock opened at $6.23 on Monday. BNY Mellon Strategic Municipal Bond Fund has a fifty-two week low of $5.28 and a fifty-two week high of $6.23. The stock has a fifty day moving average of $6.00 and a two-hundred day moving average of $5.84.

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.