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

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.019 per share by the investment management company on Tuesday, December 31st. This represents a $0.23 annualized dividend and a yield of 3.58%. The ex-dividend date is Friday, December 13th.

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

NYSE LEO traded up $0.09 on Thursday, reaching $6.37. The company had a trading volume of 247,650 shares, compared to its average volume of 163,374. BNY Mellon Strategic Municipals has a fifty-two week low of $5.58 and a fifty-two week high of $6.64. The business has a 50 day moving average of $6.38 and a two-hundred day moving average of $6.26.

BNY Mellon Strategic Municipals Company Profile

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.