Dreyfus Strategic Municipals, Inc. (NYSE:LEO) reported the following financial information for the fiscal year ended September 30, 2014, compared with the results for the fiscal year ended September 30, 2013:
YEAR ENDED SEPTEMBER 30: | 2014 | 2013 | |||||
NET INVESTMENT INCOME* | |||||||
TOTAL | $33,744,559 | $33,319,930 | |||||
PER SHARE | $0.55 | $0.54 | |||||
NET INVESTMENT INCOME AFTER DIVIDENDS | |||||||
PAID TO PREFERRED SHAREHOLDERS | |||||||
TOTAL | $33,571,963 | $32,902,280 | |||||
PER SHARE (COMMON STOCK) | $0.55 | $0.53 | |||||
NET ASSET VALUE AT END OF PERIOD | |||||||
NET OF PREFERRED STOCK | $542,101,942 | $499,307,425 | |||||
PREFERRED STOCK OUTSTANDING | $142,500,000 | $183,250,000 | |||||
PER SHARE (COMMON STOCK) | $8.76 | $8.07 | |||||
NET ASSET VALUE AT BEGINNING OF PERIOD | |||||||
NET OF PREFERRED STOCK | $499,307,425 | $573,908,924 | |||||
PREFERRED STOCK OUTSTANDING | $183,250,000 | $213,750,000 | |||||
PER SHARE (COMMON STOCK) | $8.07 | $9.31 | |||||
*Net Investment Income is calculated based on U.S. generally accepted accounting principles, whereas income distributions are determined in accordance with income tax regulations, which differ from U.S. generally accepted accounting principles.
Contacts:
The Dreyfus Corporation
Michael G. Dunn
(212)
922-7859
or
For Other Inquiries:
MBSC Securities
Corporation
The National Marketing Desk
200 Park Avenue
New
York, New York 10166
1-800-334-6899