Business and Finance
Business and Finance
Tue, November 23, 2010
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Mon, November 22, 2010
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Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Announces Dividend Increase
NEW YORK--([ BUSINESS WIRE ])--On Monday, November 22, 2010, the Board of Directors of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared from net investment income a monthly cash dividend of $0.0475 per share of common stock, payable on December 31, 2010, to shareholders of record at the close of business on December 10, 2010. The ex-dividend date is December 8, 2010. This dividend increase of $0.0025 per share of common stock from the previous dividend of $0.045 per share of common stock declared in October is due primarily to lower borrowing costs.
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