BNY Mellon Strategic Municipals, Inc. (LEO) To Go Ex-Dividend on November 15th

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Friday, November 15th will be paid a dividend of 0.019 per share by the investment management company on Monday, December 2nd. This represents a $0.23 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Friday, November 15th.

BNY Mellon Strategic Municipals has decreased its dividend by an average of 15.2% annually over the last three years.

BNY Mellon Strategic Municipals Stock Performance

Shares of BNY Mellon Strategic Municipals stock traded down $0.01 during midday trading on Friday, hitting $6.33. The company had a trading volume of 12,737 shares, compared to its average volume of 161,662. BNY Mellon Strategic Municipals has a 12-month low of $5.20 and a 12-month high of $6.64. The company has a fifty day simple moving average of $6.44 and a 200 day simple moving average of $6.22.

BNY Mellon Strategic Municipals Company Profile

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.