Dreyfus Strategic Municipal Bond Fund About To Put More Money In Your Pocket (DSM)

Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Dreyfus Strategic Municipal Bond Fund (DSM) will trade ex-dividend, for its monthly dividend of $0.0475, payable on 11/28/14. As a percentage of DSM's recent stock price of $8.01, this dividend works out to approximately 0.59%, so look for shares of Dreyfus Strategic Municipal Bond Fund to trade 0.59% lower — all else being equal — when DSM shares open for trading on 11/12/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for DSM, showing historical dividends prior to the most recent $0.0475 declared by Dreyfus Strategic Municipal Bond Fund:

DSM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DSM is likely to continue, and whether the current estimated yield of 7.12% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DSM shares, versus its 200 day moving average:

Dreyfus Strategic Municipal Bond Fund 200 Day Moving Average Chart

Looking at the chart above, DSM's low point in its 52 week range is $7.12 per share, with $8.32 as the 52 week high point — that compares with a last trade of $8.01.

According to the ETF Finder at ETF Channel, DSM makes up 3.02% of the PowerShares Cleantech Portfolio ETF ( PZD) which is trading up by about 0.1% on the day Monday.

In Monday trading, Dreyfus Strategic Municipal Bond Fund shares are currently down about 0.4% on the day.

More from Stocks

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

3 Great Stock Market Sectors Millennials Should Invest In

3 Great Stock Market Sectors Millennials Should Invest In

Why Millennials Are Ditching Stocks for ETFs

Why Millennials Are Ditching Stocks for ETFs

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says