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Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Announces Dividend Increase.

NEW YORK -- On Monday, November 9, 2009, the Board of Directors of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared from net investment income a monthly cash dividend of $0.045 per share of common stock, payable on December 31, 2009, to shareholders of record at the close of business on December 3, 2009. The ex-dividend date is December 1, 2009. This dividend increase of $0.0065 per share of common stock from the previous dividend of $0.0385 per share of common stock declared in October is due primarily to income earned on the Fund's portfolio securities and lower borrowing costs.
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Comment:Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) Announces Dividend Increase.
Publication:Business Wire
Geographic Code:1U2NY
Date:Nov 9, 2009
Words:103
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