BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Tuesday, April 30th, Wall Street Journal reports. Stockholders of record on Tuesday, May 14th will be paid a dividend of 0.019 per share by the investment management company on Friday, May 31st. This represents a $0.23 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date of this dividend is Monday, May 13th.
BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 15.2% annually over the last three years.
BNY Mellon Strategic Municipals Stock Performance
Shares of LEO stock remained flat at $5.89 on Tuesday. The company had a trading volume of 102,405 shares, compared to its average volume of 163,571. BNY Mellon Strategic Municipals has a 52-week low of $4.98 and a 52-week high of $6.33. The business has a 50 day moving average of $5.98 and a two-hundred day moving average of $5.79.
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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