BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) Announces $0.03 Monthly Dividend

Posted by Brian Himes on Sep 12th, 2026

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Friday, August 28th. Stockholders of record on Monday, September 14th will be paid a dividend of 0.03 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, September 14th.

BNY Mellon Strategic Municipals Trading Down 0.4%

NYSE:LEO opened at $5.92 on Friday. The firm has a 50-day moving average price of $6.22 and a two-hundred day moving average price of $6.31. BNY Mellon Strategic Municipals has a 52 week low of $5.92 and a 52 week high of $6.55.

Institutional Investors Weigh In On BNY Mellon Strategic Municipals

Several large investors have recently modified their holdings of LEO. Capital Analysts LLC bought a new position in BNY Mellon Strategic Municipals during the fourth quarter valued at $26,000. Gilpin Wealth Management LLC bought a new stake in shares of BNY Mellon Strategic Municipals during the 4th quarter valued at about $29,000. LPL Financial LLC grew its stake in BNY Mellon Strategic Municipals by 3.2% in the 4th quarter. LPL Financial LLC now owns 168,318 shares of the investment management company’s stock worth $1,071,000 after buying an additional 5,229 shares in the last quarter. Corient Private Wealth LLC grew its position in BNY Mellon Strategic Municipals by 5.8% in the second quarter. Corient Private Wealth LLC now owns 118,305 shares of the investment management company’s stock worth $700,000 after acquiring an additional 6,499 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of BNY Mellon Strategic Municipals by 4.5% during the 2nd quarter. Bank of America Corp DE now owns 204,596 shares of the investment management company’s stock valued at $1,211,000 after purchasing an additional 8,810 shares during the last quarter.

BNY Mellon Strategic Municipals Company Profile

(Get Free Report)

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.