BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) Announces Monthly Dividend of $0.02

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) 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 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Monday, September 16th.

BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 15.2% per year over the last three years.

BNY Mellon Strategic Municipals Stock Performance

LEO remained flat at $6.32 during trading hours on Friday. The company had a trading volume of 144,722 shares, compared to its average volume of 170,205. BNY Mellon Strategic Municipals has a 52 week low of $4.98 and a 52 week high of $6.45. The firm’s 50-day simple moving average is $6.24 and its two-hundred 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.