On Monday, January 30, 2012, the Board of Directors of Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE: DSM) declared from net investment income a monthly cash dividend of $0.0475 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 $0.0475 per share of common stock.

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