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Dreyfus Strategic Municipals, Inc. Interim Results for the Six-Month Period Ended March 31, 2010


Published on 2010-06-11 12:10:20 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Dreyfus Strategic Municipals, Inc. (NYSE: LEO) reported the following financial information for the six-month period ended March 31, 2010 compared with the results for the six-month period ended March 31, 2009:

SIX-MONTH PERIOD ENDED MARCH 31:

2010

2009

NET INVESTMENT INCOME
TOTAL* $19,172,002 $20,577,929
PER SHARE (COMMON STOCK) $0.32 $0.34
NET INVESTMENT INCOME AFTER DIVIDENDS
PAID TO PREFERRED SHAREHOLDERS
TOTAL $18,634,082 $17,704,970
PER SHARE (COMMON STOCK) $0.31 $0.29
NET ASSET VALUE AT END OF PERIOD
NET OF PREFERRED STOCK $505,367,653 $440,842,168
PREFERRED STOCK OUTSTANDING $268,400,000 $285,000,000
PER SHARE (COMMON STOCK) $8.30 $7.25
NET ASSET VALUE AT BEGINNING OF PERIOD
NET OF PREFERRED STOCK $514,785,952 478,586,472
PREFERRED STOCK OUTSTANDING $285,000,000 $285,000,000
PER SHARE $8.47 $7.88
* Net Investment Income is based on U.S. generally accepted accounting principles. Income distributions are determined in accordance with income tax regulations, which may differ from U.S. generally accepted accounting principles.

Contributing Sources