Dreyfus Strategic Municipals, Inc. Plans Monthly Dividend of $0.04 (LEO)
Dreyfus Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Thursday, August 31st, Wall Street Journal reports. Investors of record on Thursday, September 14th will be paid a dividend of 0.043 per share by the investment management company on Friday, September 29th. This represents a $0.52 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date of this dividend is Wednesday, September 13th.
Dreyfus Strategic Municipals has decreased its dividend by an average of 4.3% per year over the last three years.
Dreyfus Strategic Municipals (NYSE LEO) opened at 8.91 on Friday. Dreyfus Strategic Municipals has a 52 week low of $8.17 and a 52 week high of $9.45. The company’s 50-day moving average is $9.01 and its 200-day moving average is $8.82.
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About Dreyfus Strategic Municipals
Dreyfus Strategic Municipals, Inc 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. The Fund has Long-Term Municipal Investments in various states of the United States, such as Alabama, Alaska, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wyoming and the United States related.
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