Dreyfus Strategic Muni. (LEO) To Go Ex-Dividend on October 11th
Dreyfus Strategic Muni. (NYSE:LEO) announced a monthly dividend on Friday, September 27th, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.035 per share by the investment management company on Thursday, October 31st. This represents a $0.42 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Friday, October 11th.
Dreyfus Strategic Muni. has decreased its dividend payment by an average of 6.0% per year over the last three years.
NYSE LEO traded up $0.03 during trading on Wednesday, hitting $8.63. The stock had a trading volume of 7,336 shares, compared to its average volume of 123,017. Dreyfus Strategic Muni. has a one year low of $7.01 and a one year high of $8.75. The stock has a 50 day simple moving average of $8.51 and a 200 day simple moving average of $8.27.
Dreyfus Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by The Dreyfus Corporation. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax.
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