BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Wednesday, October 30th,Zacks Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.019 per share by the investment management company on Monday, December 2nd. This represents a $0.23 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date is Friday, November 15th.
BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 15.2% per year over the last three years.
BNY Mellon Strategic Municipals Stock Performance
Shares of LEO stock opened at $6.26 on Thursday. The stock’s fifty day moving average is $6.43 and its two-hundred day moving average is $6.25. BNY Mellon Strategic Municipals has a fifty-two week low of $5.47 and a fifty-two week 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.
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