BNY Mellon Strategic Municipals, Inc. (LEO) To Go Ex-Dividend on September 14th

by · The Markets Daily

BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Get Free Report) announced a monthly dividend on Friday, August 28th. Shareholders 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 of this dividend is Monday, September 14th.

BNY Mellon Strategic Municipals Stock Performance

NYSE:LEO opened at $5.92 on Friday. The firm’s 50-day moving average is $6.22 and its 200-day moving average is $6.31. BNY Mellon Strategic Municipals has a 52-week low of $5.92 and a 52-week high of $6.55.

BNY Mellon Strategic Municipals Company Profile

(Get Free Report)

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.

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