DSM (BNY Mellon Strategic Municipal Bond Fund,) Dividend Payout Ratio: 0.27 (As of Nov. 2025) — 67% Below Median


DSM BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
36 GF Score
Price $6.13
! 3 Warning Signs
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What is BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio?

BNY Mellon Strategic Municipal Bond Fund, DSM -0.16% 36 Dividend Payout Ratio is 0.27 as of Nov. 2025, which is 67% below its 10-year median of 0.83. GuruFocus rates DSM with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 935 Asset Management companies, BNY Mellon Strategic Municipal Bond Fund, ranks worse than 106951.76% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio for the months ended in Nov. 2025 was 0.27.

The historical rank and industry rank for BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio or its related term are showing as below:


During the past 9 years, the highest Dividend Payout Ratio of BNY Mellon Strategic Municipal Bond Fund, was 42.70. The lowest was 0.33. And the median was 0.83.

DSM's Dividend Payout Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.71
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-06-26), the Dividend Yield % of BNY Mellon Strategic Municipal Bond Fund, is 4.80%.

During the past 9 years, the highest Trailing Annual Dividend Yield of BNY Mellon Strategic Municipal Bond Fund, was 7.27%. The lowest was 3.53%. And the median was 5.13%.

BNY Mellon Strategic Municipal Bond Fund,'s Dividends per Share for the months ended in Nov. 2025 was $0.14.

During the past 12 months, BNY Mellon Strategic Municipal Bond Fund,'s average Dividends Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.00% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of BNY Mellon Strategic Municipal Bond Fund, was -5.50% per year. The lowest was -15.70% per year. And the median was -10.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

BNY Mellon Strategic Municipal Bond Fund, (NYSE:DSM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio Related Terms

BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio Chart

BNY Mellon Strategic Municipal Bond Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.72 0.00 1.28 0.33 0.00

BNY Mellon Strategic Municipal Bond Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.61 0.57 0.23 0.00 0.27

DSM vs TEI, NCZ, ARDC: Dividend Payout Ratio Comparison

For the Asset Management subindustry, BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio falls into.


DSM
36GF Score
BNY Mellon Strategic Municipal Bond Fund, Inc. DSM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BNY Mellon Strategic Municipal Bond Fund, Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2025 )/ EPS without NRI (A: Nov. 2025 )
=0.251/ -0.11
=N/A

BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio for the quarter that ended in Nov. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2025 )/ EPS without NRI (Q: Nov. 2025 )
=0.138/ 0.519
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.27 mean?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a Dividend Payout Ratio of 0.27 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BNY Mellon Strategic Municipal Bond Fund, and its competitors. This is 67% below median its historical median of 0.83. Over the past decade, BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio has ranged from 0.33 to 42.70. According to the industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #999999 out of 935 companies in the Asset Management industry.
Is BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio too high?
BNY Mellon Strategic Municipal Bond Fund,'s current Dividend Payout Ratio of 0.27 is 67% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 42.70. The Asset Management industry median Dividend Payout Ratio is 0.71. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.27 is 62% below this industry median. Based on the distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #999999 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BNY Mellon Strategic Municipal Bond Fund, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipal Bond Fund,'s Dividend Payout Ratio compare to TEI and NCZ?
According to the Asset Management industry distribution chart, BNY Mellon Strategic Municipal Bond Fund, ranks #999999 out of 935 companies for Dividend Payout Ratio. This places BNY Mellon Strategic Municipal Bond Fund, in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. BNY Mellon Strategic Municipal Bond Fund,'s value of 0.27 is 62% below this benchmark. Historically, BNY Mellon Strategic Municipal Bond Fund,'s own Dividend Payout Ratio has ranged from 0.33 to 42.70 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.71, BNY Mellon Strategic Municipal Bond Fund, has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon Strategic Municipal Bond Fund,'s current Dividend Payout Ratio of 0.27 is 62% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on BNY Mellon Strategic Municipal Bond Fund, and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon Strategic Municipal Bond Fund,'s current Dividend Payout Ratio is 0.27, which is 67% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipal Bond Fund, stock overvalued right now?
BNY Mellon Strategic Municipal Bond Fund, (DSM) has a current Dividend Payout Ratio of 0.27. The current Dividend Payout Ratio is 0.27, which is 67% below median its 10-year median of 0.83 and 62% below the Asset Management industry median of 0.71. BNY Mellon Strategic Municipal Bond Fund,'s overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For BNY Mellon Strategic Municipal Bond Fund, (DSM), the current Dividend Payout Ratio is 0.27 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BNY Mellon Strategic Municipal Bond Fund, Business Description

Address C/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipal Bond Fund, Inc. is a diversified closed-end management investment company. Its investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
36GF Score

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