BNY Mellon Strategic Municipals - LEO Stock Forecast, Price & News

BNY Mellon Strategic Municipals' stock was trading at $8.47 at the beginning of the year. Since then, LEO stock has decreased by 17.5% and is now trading at $6.99.
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BNY Mellon Strategic Municipals saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 15,900 shares, a decrease of 39.1% from the June 30th total of 26,100 shares. Based on an average daily trading volume, of 167,600 shares, the short-interest ratio is currently 0.1 days.
View BNY Mellon Strategic Municipals' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 17th 2022.
View our LEO earnings forecast.

BNY Mellon Strategic Municipals declared a monthly dividend on Friday, July 29th. Investors of record on Friday, August 12th will be paid a dividend of $0.03 per share on Wednesday, August 31st. This represents a $0.36 annualized dividend and a yield of 5.15%. The ex-dividend date is Thursday, August 11th.
Read our dividend analysis for LEO.

BNY Mellon Strategic Municipals (NYSE:LEO) pays an annual dividend of $0.41 per share and currently has a dividend yield of 5.81%. LEO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LEO.

49 employees have rated BNY Mellon Strategic Municipals Chief Executive Officer Dieter Bellé on Glassdoor.com. Dieter Bellé has an approval rating of 55% among the company's employees. This puts Dieter Bellé in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other BNY Mellon Strategic Municipals investors own include Best of the Best (BOTB), Apple Hospitality REIT (APLE), Charles Schwab (SCHW), BlackRock Enhanced International Dividend Trust (BGY), Gilead Sciences (GILD), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Dominion Energy (D), Enterprise Products Partners (EPD) and Energy Transfer (ET).

BNY Mellon Strategic Municipals trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEO."

BNY Mellon Strategic Municipals' stock is owned by many different retail and institutional investors. Top institutional shareholders include UBS Group AG (0.75%), Robinson Capital Management LLC (0.68%), Leo Brokerage LLC (0.46%), Van ECK Associates Corp (0.45%), Capital Investment Advisors LLC (0.45%) and Centaurus Financial Inc. (0.41%).

Shares of LEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LEO stock can currently be purchased for approximately $6.99.

BNY Mellon Strategic Municipals (NYSE:LEO) has a market capitalization of $434.85 million.

The company employs 147,000 workers across the globe.

The official website for the company is im.bnymellon.com. The investment management company can be reached via phone at 212-922-7045.