BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Thursday, January 30th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.019 per share by the investment management company on Friday, February 28th. This represents a $0.23 annualized dividend and a yield of 3.72%. The ex-dividend date is Friday, February 14th.
BNY Mellon Strategic Municipals has decreased its dividend by an average of 17.4% annually over the last three years.
BNY Mellon Strategic Municipals Stock Down 0.3 %
Shares of NYSE LEO opened at $6.13 on Friday. The company has a 50-day moving average of $6.19 and a 200 day moving average of $6.30. BNY Mellon Strategic Municipals has a 12-month low of $5.79 and a 12-month high of $6.64.
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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