BNY Mellon Strategic Municipal Bond Fund Declares $0.03 Monthly Dividend

The BNY Mellon Strategic Municipal Bond Fund (NYSE: DSM) has declared a monthly dividend of $0.03 per share, consistent with its prior payouts. The forward yield is currently 6.17%. Shareholders will receive the payment on October 1 for those registered as of September 14; shares trade ex-dividend starting that same date. The fund's continued stable payout reflects ongoing confidence in its income-generating strategy, which focuses primarily on municipal bonds. Investors can review DSM’s dividend history and performance through available scorecards and yield charts to assess the consistency and reliability of returns.

By Urvi Shah, SA News Editor · Seeking Alpha ·

BNY Mellon Strategic Municipal Bond Fund Declares $0.03 Monthly Dividend

Tickers: $DSM

Topics: dividends municipal bonds

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