DIVIDEND ANNOUNCEMENT: BNY Mellon Strategic Municipals Inc (NYSE:LEO) on 11/27/2020 declared a dividend of $0.0350 per share

BNY Mellon Strategic Municipals Inc (NYSE:LEO) on 11/27/2020 declared a dividend of $ 0.0350 per share payable on December 31, 2020 to shareholders of record as of December 14, 2020.

BNY Mellon Strategic Municipals Inc (NYSE:LEO) has paid dividends since 1990, has a current dividend yield of 5.0179209709% and has increased its dividends for 0 successive years.

BNY Mellon Strategic Municipals Inc's market cap is $ 495,796,950 and has a PE ratio of 0.00. The stock price closed yesterday at $ 8.37 and has a 52 week low/high of $ 5.83 and $ 9.02.

BNY Mellon Strategic Municipals 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. The Fund also invests 50% of its net assets in municipal bonds considered investment grade or the unrated equivalent as determined by the Fund's Adviser, BNY Mellon Investment Adviser, Inc., in the case of bonds, and in the two highest rating categories or the unrated equivalent as determined by the Adviser in the case of short-term obligations.

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