BNY Mellon Strategic Municipals, Inc. (NYSE:LEO - Get Free Report) declared a monthly dividend on Monday, June 30th, Wall Street Journal reports. Shareholders of record on Monday, July 14th will be paid a dividend of 0.023 per share by the investment management company on Thursday, July 31st. This represents a $0.28 annualized dividend and a yield of 4.62%. The ex-dividend date is Monday, July 14th.
BNY Mellon Strategic Municipals Stock Performance
Shares of NYSE:LEO traded up $0.02 during trading on Thursday, hitting $5.98. The company's stock had a trading volume of 125,931 shares, compared to its average volume of 173,571. BNY Mellon Strategic Municipals has a fifty-two week low of $5.55 and a fifty-two week high of $6.64. The business has a 50 day moving average price of $5.85 and a two-hundred day moving average price of $6.01.
BNY Mellon Strategic Municipals Company Profile
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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.
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