BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Plans Monthly Dividend of $0.02

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared 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) annualized dividend and a yield of 4.5%. The ex-dividend date is Wednesday, January 14th.

BNY Mellon Strategic Municipal Bond Fund Trading Up 0.6%

Shares of NYSE:DSM traded up $0.04 during trading on Wednesday, hitting $6.16. 80,865 shares of the company were exchanged, compared to its average volume of 136,957. BNY Mellon Strategic Municipal Bond Fund has a 52-week low of $5.28 and a 52-week high of $6.16. The stock has a 50 day moving average of $5.98 and a 200 day moving average of $5.81.

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.