BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Friday, August 28th. Investors of record on Monday, September 14th will be given a dividend of 0.03 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, September 14th.
BNY Mellon Strategic Municipals Trading Down 0.4%
Shares of LEO stock opened at $5.92 on Friday. BNY Mellon Strategic Municipals has a fifty-two week low of $5.92 and a fifty-two week high of $6.55. The stock has a 50 day simple moving average of $6.22 and a two-hundred day simple moving average of $6.31.
About BNY Mellon Strategic Municipals
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.
See Also
- Five stocks we like better than BNY Mellon Strategic Municipals
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
- American Eagle Goes on Sale: Is It Time to Buy?
- MarketBeat Week in Review – 09/07 – 09/11
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
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 MarketBeat.com's FREE daily email newsletter.
