Dreyfus Strategic Municipals, Inc. (LEO) Plans $0.04 Monthly Dividend
Dreyfus Strategic Municipals, Inc. (NYSE:LEO) declared a monthly dividend on Tuesday, October 31st, Wall Street Journal reports. Stockholders of record on Tuesday, November 14th will be paid a dividend of 0.043 per share by the investment management company on Thursday, November 30th. This represents a $0.52 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Monday, November 13th.
Dreyfus Strategic Municipals has decreased its dividend payment by an average of 4.3% annually over the last three years.
Shares of Dreyfus Strategic Municipals (NYSE:LEO) traded down 1.25% during trading on Tuesday, hitting $8.68. The stock had a trading volume of 205,044 shares. Dreyfus Strategic Municipals has a 12 month low of $8.17 and a 12 month high of $9.18. The stock has a 50-day moving average price of $8.85 and a 200 day moving average price of $8.89.
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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