Dreyfus Strategic Municipals Inc. Declares Monthly Cash Dividend Payable on February 29, 2012
January 30, 2012 at 04:43 pm
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On January 30, 2012, the Board of Directors of Dreyfus Strategic Municipals Inc. declared from net investment income a monthly cash dividend of $0.049 per share of common stock, payable on February 29, 2012, to shareholders of record at the close of business on February 13, 2012. The ex-dividend date is February 9, 2012. The previous dividend declared in December was $0.049 per share of common stock.
BNY Mellon Strategic Municipals, Inc. (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to maximize income exempt from federal income tax to the extent consistent with the preservation of capital. BNY Mellon Investment Adviser, Inc. (the Adviser) serves as the fundâs investment adviser. Under normal market conditions, the fund invests at least 80% of its net assets in municipal obligations. Generally, the fund invests at least 50% of its net assets in municipal bonds considered investment grade or the unrated equivalent as determined by BNY Mellon Investment Adviser, Inc. in the case of bonds, and in the two categories or the unrated equivalent as determined by the Adviser in the case of short-term obligations having or deemed to have maturities of less than one year. BNY Mellon Investment Adviser, Inc. serves as investment adviser of the Fund.