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


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Published in Business and Finance on Friday, June 11th 2010 at 12:10 GMT by Market Wire   Print publication without navigation


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.


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