BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.019 per share by the investment management company on Tuesday, December 31st. This represents a $0.23 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Friday, December 13th.
BNY Mellon Strategic Municipals has decreased its dividend by an average of 15.2% per year over the last three years.
BNY Mellon Strategic Municipals Stock Performance
Shares of BNY Mellon Strategic Municipals stock traded up $0.09 on Thursday, reaching $6.37. 247,650 shares of the stock were exchanged, compared to its average volume of 163,374. BNY Mellon Strategic Municipals has a one year low of $5.58 and a one year high of $6.64. The firm’s 50 day moving average is $6.38 and its 200-day moving average is $6.26.
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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