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

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) announced a monthly dividend on Monday, March 30th. Stockholders of record on Tuesday, April 14th will be given a dividend of 0.026 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, April 14th.

BNY Mellon Strategic Municipals Trading Up 0.3%

Shares of NYSE LEO opened at $6.09 on Tuesday. BNY Mellon Strategic Municipals has a 12 month low of $5.55 and a 12 month high of $6.55. The stock has a 50 day moving average of $6.39 and a 200-day moving average of $6.32.

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.