Dreyfus Strategic Muni. (NYSE:LEO) announced a monthly dividend on Wednesday, February 28th, Wall Street Journal reports. Stockholders of record on Wednesday, March 14th will be paid a dividend of 0.035 per share by the investment management company on Thursday, March 29th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Tuesday, March 13th.
Dreyfus Strategic Muni. has decreased its dividend payment by an average of 3.9% per year over the last three years.
Shares of Dreyfus Strategic Muni. (LEO) opened at $7.75 on Monday. Dreyfus Strategic Muni. has a 12 month low of $7.67 and a 12 month high of $9.18.
WARNING: This piece was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3257544/dreyfus-strategic-muni-declares-monthly-dividend-of-0-04-leo.html.
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.
Receive News & Ratings for Dreyfus Strategic Muni. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dreyfus Strategic Muni. and related companies with MarketBeat.com's FREE daily email newsletter.