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

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Thursday, February 26th. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.026 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, March 12th.

BNY Mellon Strategic Municipals Price Performance

Shares of NYSE LEO traded down $0.02 on Friday, hitting $6.49. The company had a trading volume of 81,013 shares, compared to its average volume of 177,216. BNY Mellon Strategic Municipals has a 12-month low of $5.55 and a 12-month high of $6.55. The business has a 50 day moving average of $6.41 and a two-hundred day moving average of $6.26.

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.