BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Wednesday, October 30th,Zacks Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.019 per share by the investment management company on Monday, December 2nd. This represents a $0.23 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Friday, November 15th.
BNY Mellon Strategic Municipals has decreased its dividend by an average of 15.2% annually over the last three years.
BNY Mellon Strategic Municipals Trading Down 0.2 %
NYSE LEO opened at $6.26 on Thursday. BNY Mellon Strategic Municipals has a 52 week low of $5.47 and a 52 week high of $6.64. The business’s fifty day simple moving average is $6.43 and its 200-day simple moving average is $6.25.
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.
Further Reading
- Five stocks we like better than BNY Mellon Strategic Municipals
- What is Forex and How Does it Work?
- Shopify Stock Rally Continues: Why the Growth Story Isn’t Over
- Ride Out The Recession With These Dividend Kings
- Tariff Troubles: 3 Stocks Planning Higher Prices
- How to Evaluate a Stock Before Buying
- Mercer Near Rock Bottom: Is This High-Yield Play Set to Soar?
Receive News & Ratings for BNY Mellon Strategic Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Strategic Municipals and related companies with MarketBeat.com's FREE daily email newsletter.