BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Thursday, August 29th, NASDAQ reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.019 per share by the investment management company on Tuesday, October 1st. This represents a $0.23 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Monday, September 16th.
BNY Mellon Strategic Municipals has decreased its dividend by an average of 15.2% per year over the last three years.
BNY Mellon Strategic Municipals Stock Performance
Shares of LEO stock opened at $6.32 on Friday. BNY Mellon Strategic Municipals has a twelve month low of $4.98 and a twelve month high of $6.45. The stock’s fifty day simple moving average is $6.24 and its 200 day simple moving average is $6.08.
About BNY Mellon Strategic Municipals
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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