DREYFUS STRATEG Declares Monthly Dividend of $0.04 (DSM)

DREYFUS STRATEG (NYSE:DSM) announced a monthly dividend on Tuesday, October 31st, Wall Street Journal reports. Shareholders of record on Tuesday, November 14th will be given a dividend of 0.0415 per share by the investment management company on Thursday, November 30th. This represents a $0.50 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Monday, November 13th.

DREYFUS STRATEG has decreased its dividend payment by an average of 4.4% per year over the last three years.

DREYFUS STRATEG (DSM) traded down 0.71% on Tuesday, hitting $8.41. The stock had a trading volume of 118,211 shares. The company’s 50-day moving average price is $8.54 and its 200 day moving average price is $8.55. DREYFUS STRATEG has a one year low of $7.88 and a one year high of $8.85.

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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.

Dividend History for DREYFUS STRATEG (NYSE:DSM)

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