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

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Thursday, January 30th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.019 per share by the investment management company on Friday, February 28th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, February 14th.

BNY Mellon Strategic Municipals has decreased its dividend payment by an average of 17.4% per year over the last three years.

BNY Mellon Strategic Municipals Stock Down 0.3 %

LEO traded down $0.02 during midday trading on Friday, hitting $6.13. The stock had a trading volume of 182,002 shares, compared to its average volume of 159,135. BNY Mellon Strategic Municipals has a 1 year low of $5.79 and a 1 year high of $6.64. The business has a fifty day moving average of $6.19 and a 200 day moving average of $6.30.

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.