BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Friday, March 28th, Wall Street Journal reports. Investors of record on Monday, April 14th will be paid a dividend of 0.019 per share by the investment management company on Wednesday, April 30th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Monday, April 14th.
BNY Mellon Strategic Municipals has decreased its dividend by an average of 17.4% annually over the last three years.
BNY Mellon Strategic Municipals Trading Up 0.6 %
Shares of NYSE LEO opened at $5.68 on Friday. BNY Mellon Strategic Municipals has a one year low of $5.55 and a one year high of $6.64. The firm’s 50 day simple moving average is $6.15 and its two-hundred day simple moving average is $6.22.
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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