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Dreyfus Strategic Municipals, Inc. Announces Annual Earnings Report for the Fiscal Year Ended September 30, 2008


Published on 2008-12-04 17:23:14 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--DREYFUS STRATEGIC MUNICIPALS, INC. (NYSE: LEO) REPORTED THE FOLLOWING FINANCIAL INFORMATION FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2008, COMPARED WITH THE RESULTS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2007:

YEAR ENDED SEPTEMBER 30:

 

2008

   

2007

NET INVESTMENT INCOME*

TOTAL

41,314,010.00 41,967,516.00
PER SHARE 0.68 0.69
NET INVESTMENT INCOME AFTER DIVIDENDS
PAID TO PREFERRED SHAREHOLDERS
TOTAL 31,244,543.00 31,698,815.00
PER SHARE (COMMON STOCK) 0.51 0.52
NET ASSET VALUE AT END OF PERIOD
NET OF PREFERRED STOCK 478,586,472.00 553,598,267.00
PREFERRED STOCK OUTSTANDING 285,000,000.00 285,000,000.00
PER SHARE (COMMON STOCK) 7.88 9.12
NET ASSET VALUE AT BEGINNING OF PERIOD
NET OF PREFERRED STOCK 553,598,267.00 573,391,038.00
PREFERRED STOCK OUTSTANDING 285,000,000.00 285,000,000.00
PER SHARE (COMMON STOCK) 9.12 9.46

*Net Investment Income is calculated based on U.S. generally accepted accounting principles, whereas income distributions are determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles

Contributing Sources