BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Thursday, February 27th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.019 per share by the investment management company on Monday, March 31st. This represents a $0.23 annualized dividend 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% annually over the last three years.
BNY Mellon Strategic Municipals Stock Up 0.4 %
NYSE:LEO opened at $6.31 on Friday. The business has a 50 day simple moving average of $6.15 and a 200-day simple moving average of $6.30. BNY Mellon Strategic Municipals has a 1 year low of $5.79 and a 1 year high of $6.64.
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.
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