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