BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Thursday, July 30th. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.03 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Thursday, August 13th.
BNY Mellon Strategic Municipals Trading Down 0.2%
NYSE:LEO opened at $6.18 on Friday. BNY Mellon Strategic Municipals has a one year low of $5.80 and a one year high of $6.55. The business’s 50-day simple moving average is $6.37 and its 200 day simple moving average is $6.37.
BNY Mellon Strategic Municipals (NYSE:LEO – Get Free Report) last issued its quarterly earnings data on Friday, May 29th. The investment management company reported $0.08 earnings per share for the quarter. The business had revenue of $7.57 million for the quarter.
BNY Mellon Strategic Municipals Company Profile
BNY Mellon Strategic Municipals (NYSE: LEO) is a closed-end management investment company that seeks to deliver a high level of current income exempt from U.S. federal income tax. The fund primarily allocates its assets to investment-grade municipal securities, including bonds and other debt instruments issued by U.S. states, territories, municipalities and their authorities.
Beyond traditional investment-grade munis, the fund may also invest in below-investment-grade securities, variable‐rate demand obligations, municipal derivatives and other income-producing instruments.
Read More
- Five stocks we like better than BNY Mellon Strategic Municipals
- L3Harris’ Record Backlog Makes Its Stock Sell-Off Look Overdone
- Quantum Earnings Could Decide Whether the Sector’s Sell-Off Has Gone Too Far
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
Receive News & Ratings for BNY Mellon Strategic Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Strategic Municipals and related companies with MarketBeat.com's FREE daily email newsletter.
