BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) Declares $0.04 Monthly Dividend

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) announced a monthly dividend on Friday, May 28th, Wall Street Journal reports. Stockholders of record on Monday, June 14th will be paid a dividend of 0.035 per share by the investment management company on Wednesday, June 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date is Friday, June 11th.

Shares of NYSE:LEO opened at $8.91 on Wednesday. BNY Mellon Strategic Municipals has a 12-month low of $7.60 and a 12-month high of $9.01. The stock’s 50 day moving average price is $8.78.

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.

Featured Story: Bond

Dividend History for BNY Mellon Strategic Municipals (NYSE:LEO)

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's FREE daily email newsletter.