BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) to Issue $0.02 Monthly Dividend

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) announced a monthly dividend on Wednesday, November 26th. Stockholders of record on Thursday, December 11th will be given a dividend of 0.023 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Thursday, December 11th.

BNY Mellon Strategic Municipals Price Performance

LEO stock traded up $0.01 during trading on Thursday, hitting $6.22. 271,395 shares of the company’s stock traded hands, compared to its average volume of 205,231. BNY Mellon Strategic Municipals has a 52 week low of $5.55 and a 52 week high of $6.48. The business has a fifty day simple moving average of $6.26 and a 200 day simple moving average of $6.01.

About BNY Mellon Strategic Municipals

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.