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DSM Dividend

BNY Mellon Strategic Municipal Bond Fund, Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
5.14%
Annual dividend
$0.30
Payout ratio
0.48
Frequency
Monthly
Share price
$5.87
Market cap
$290M

Next payment

Ex-dividend date: Pay date: Amount: $0.0300

You must own the shares before the ex-dividend date to receive this payment.

Is DSM a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median5.14% against a median of 2.78% across US dividend payers.
  • Dividend is comfortably coveredA payout ratio of 0.48 means roughly 48% of earnings go to the dividend, leaving room to keep paying through a weaker year.
  • Dividend has been cut 13 timesAcross 37 complete years, the annual total fell in 2020, 2023, 2024 and earlier. The most recent reduction was in 2024.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

DSM dividend history

Annual dividend per share, 1989 to 2025.

1989199620032010201720242025
Peak $0.7080 in 1991Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for DSM, most recent first.
Ex-dividend datePay dateAmountType
$0.0300Monthly
$0.0300Monthly
$0.0300Monthly
$0.0260Monthly
$0.0260Monthly
$0.0260Monthly
$0.0260Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0180Monthly
$0.0220Monthly
$0.0220Monthly
$0.0220Monthly

How much would DSM pay you?

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Calculate DSM dividend income →

DSM appears in

Frequently asked questions

Does DSM pay a dividend?
Yes. BNY Mellon Strategic Municipal Bond Fund, Inc. pays a monthly dividend, currently yielding 5.14% based on trailing twelve-month payments of $0.30 per share.
How much does DSM pay in dividends?
$0.30 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next DSM ex-dividend date?
The next ex-dividend date on record is August 13, 2026, with payment on August 31, 2026. You must own the shares before the ex-dividend date to receive that payment.