BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Friday, September 27th, Zacks reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.019 per share by the investment management company on Thursday, October 31st. This represents a $0.23 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Tuesday, October 15th.
BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 15.2% annually over the last three years.
BNY Mellon Strategic Municipals Stock Down 0.2 %
LEO stock traded down $0.01 during trading hours on Friday, hitting $6.47. 99,052 shares of the stock were exchanged, compared to its average volume of 165,788. The company has a 50-day simple moving average of $6.43 and a two-hundred day simple moving average of $6.18. BNY Mellon Strategic Municipals has a 12 month low of $4.98 and a 12 month high of $6.64.
BNY Mellon Strategic Municipals Company Profile
BNY Mellon Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax.
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