DIVIDEND ANNOUNCEMENT: BNY Mellon Strategic Municipals Inc (NYSE:LEO) on 08/29/2019 declared a dividend of $0.0350 per share

BNY Mellon Strategic Municipals Inc (NYSE:LEO) on 08/29/2019 declared a dividend of $ 0.0350 per share payable on September 30, 2019 to shareholders of record as of September 16, 2019.

BNY Mellon Strategic Municipals Inc (NYSE:LEO) has paid dividends since 1990, has a current dividend yield of 4.8951048851% and has increased its dividends for 0 successive years.

BNY Mellon Strategic Municipals Inc's market cap is $ 508,236,300 and has a PE ratio of 17.16. The stock price closed yesterday at $ 8.58 and has a 52 week low/high of $ 7.01 and $ 8.75.

Dreyfus Strategic Municipals (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its net assets in municipal obligations. Generally, the Fund invests at least 50% of its net assets in municipal bonds considered investment-grade or the unrated equivalent as determined by Dreyfus Corporation in the case of bonds. As of Sept 30 2017, the Fund had total assets of $828,447,358 and an investment portfolio of $814,876,795.

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