BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) declared a monthly dividend on Thursday, October 29th. Investors of record on Friday, November 13th will be given a dividend of $0.03 per share by the investment management company on Tuesday, December 1st. This represents a $0.36 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, November 13th.
BNY Mellon Strategic Municipals Price Performance
LEO opened at $5.99 on Wednesday. The business has a fifty day moving average price of $5.78 and a 200 day moving average price of $6.20. BNY Mellon Strategic Municipals has a 12 month low of $5.41 and a 12 month high of $6.55.
About BNY Mellon Strategic Municipals
BNY Mellon Strategic Municipals, Inc. (NYSE: LEO) is a closed-end management investment company that seeks to provide a high level of current income exempt from regular U.S. federal income tax. The fund invests primarily in municipal obligations issued by states, municipalities, and other public authorities. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt municipal securities. By investing in debt issued across the United States, the fund provides exposure to the municipal bond market rather than operating a conventional commercial business or selling products and services directly to consumers.
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