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

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Friday, February 28th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.019 per share by the investment management company on Monday, March 31st. This represents a $0.23 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Friday, March 14th.

BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 17.4% per year over the last three years.

BNY Mellon Strategic Municipals Trading Up 0.4 %

NYSE:LEO traded up $0.03 during trading hours on Friday, reaching $6.31. 101,144 shares of the stock were exchanged, compared to its average volume of 188,272. The firm has a 50 day moving average of $6.15 and a 200 day moving average of $6.30. BNY Mellon Strategic Municipals has a twelve month low of $5.79 and a twelve 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.