DSM Ex-Dividend Reminder - 12/12/14

Looking at the universe of stocks we cover at Dividend Channel, on 12/12/14, Dreyfus Strategic Municipal Bond Fund (DSM) will trade ex-dividend, for its monthly dividend of $0.0415, payable on 12/31/14. As a percentage of DSM's recent stock price of $7.95, this dividend works out to approximately 0.52%, so look for shares of Dreyfus Strategic Municipal Bond Fund to trade 0.52% lower — all else being equal — when DSM shares open for trading on 12/12/14.

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 $0.0415 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 6.26% 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 $7.97.

According to the ETF Finder at ETF Channel, DSM makes up 3.15% of the PowerShares Cleantech Portfolio ETF ( PZD) which is trading lower by about 0.1% on the day Wednesday.

In Wednesday trading, Dreyfus Strategic Municipal Bond Fund shares are currently off about 0.1% on the day.

More from Stocks

Market Movers: Tech Earnings

Market Movers: Tech Earnings

Cloud Gaming Adds Growth Opportunity for Microsoft

Cloud Gaming Adds Growth Opportunity for Microsoft

Dow Dives Sharply on Rates Fears, Tech Shares Sink Nasdaq

Dow Dives Sharply on Rates Fears, Tech Shares Sink Nasdaq

Throwback Thursday: To Trade or Not to Trade Paypal

Throwback Thursday: To Trade or Not to Trade Paypal

Daimler's Going Autonomous With Nvidia to Take On Uber, Ride-Hailing Race

Daimler's Going Autonomous With Nvidia to Take On Uber, Ride-Hailing Race