← Back to declarations

LEO BNY Mellon Strategic Municipals, Inc. — dividend yield, history & ex-dividend dates

NYSE· Monthly dividend· Common Stock · Financial Services / Asset Management

$5.92 ▼ $-0.03(-0.50%) as of Sep 14, 2026 03:06 UTC
Sponsored Advanced charts & data →

BNY Mellon Strategic Municipals, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. 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. It employs fundamental analysis to create its portfolio. The fund was formerly known as Dreyfus Strategic Municipals, Inc. BNY Mellon Strategic Municipals, Inc. was formed on September 23, 1987 and is domiciled in the United States.

Dividend Snapshot

StatusReduced
Latest Dividend$0.0300
Forward Annual$0.36
FrequencyMonthly
Last Ex-DateSep 14, 2026
Next Ex-DateSep 14, 2026
Next Pay DateOct 01, 2026
1-Yr Growth12.3%Annual totals, 2024–2025
10-Yr Growth-6.8%Annual totals, 2015–2025

Key Metrics

Current Yield

6.08%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.3600

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

M Monthly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

47.8

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

20

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$5.92 – $6.54

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

134.83%

12 months to Mar 31, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

38

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.88

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 48/100, yield 6.08%.
A Accelerating
Dividend growth has stalled — 1 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
38 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume76,241Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$5.95Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$5.92 – $5.95Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$5.95Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$368.76MAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out62.29MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$0.2012 months to Mar 31, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)29.0Price as of Sep 14, 2026; earnings to Mar 31, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendSep 14, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateOct 01, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)-9.6%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)-9.4%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases1 yrAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

LEO's dividend yield rose from 5.62% to 6.08% over the past ~90 days (+0.46 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.46 pp from the share price ($6.40 on Jun 16, 2026 → $5.92 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current6.08%
1-Yr Average4.90%
Low / High3.87% – 6.08%
Percentile100%

Across 326 daily observations over the past 15 months (through Sep 11, 2026), LEO's current yield is higher than approximately 100% of them. Our stored price history for LEO covers the past 15 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.0300 M Regular Aug 28, 2026 Sep 14, 2026 Sep 14, 2026 Oct 01, 2026
$0.0300 M Regular Jul 30, 2026 Aug 13, 2026 Aug 13, 2026 Aug 31, 2026
$0.0300 M Regular Jun 29, 2026 Jul 14, 2026 Jul 14, 2026 Jul 31, 2026
$0.0300 M Regular May 27, 2026 Jun 11, 2026 Jun 11, 2026 Jun 30, 2026
$0.0260 M Regular Apr 29, 2026 May 13, 2026 May 13, 2026 May 29, 2026
$0.0260 M Regular Mar 30, 2026 Apr 14, 2026 Apr 14, 2026 Apr 30, 2026
$0.0260 M Regular Feb 26, 2026 Mar 12, 2026 Mar 12, 2026 Mar 31, 2026
$0.0260 M Regular Jan 22, 2026 Feb 12, 2026 Feb 12, 2026 Feb 27, 2026
$0.0230 M Regular Dec 30, 2025 Jan 14, 2026 Jan 14, 2026 Jan 30, 2026
$0.0230 M Regular Nov 26, 2025 Dec 11, 2025 Dec 11, 2025 Dec 31, 2025
$0.0230 M Regular Oct 30, 2025 Nov 14, 2025 Nov 14, 2025 Dec 01, 2025
$0.0230 M Regular Sep 29, 2025 Oct 14, 2025 Oct 14, 2025 Oct 31, 2025
$0.0230 M Regular Aug 28, 2025 Sep 12, 2025 Sep 12, 2025 Oct 01, 2025
$0.0230 M Regular Jul 30, 2025 Aug 13, 2025 Aug 13, 2025 Aug 29, 2025
$0.0230 M Regular Jun 27, 2025 Jul 14, 2025 Jul 14, 2025 Jul 31, 2025
$0.0230 M Regular May 19, 2025 Jun 12, 2025 Jun 12, 2025 Jun 30, 2025
$0.0190 M Regular Apr 29, 2025 May 14, 2025 May 14, 2025 May 30, 2025
$0.0190 M Regular Mar 28, 2025 Apr 14, 2025 Apr 14, 2025 Apr 30, 2025
$0.0190 M Regular Feb 27, 2025 Mar 14, 2025 Mar 14, 2025 Mar 31, 2025
$0.0190 M Regular Jan 30, 2025 Feb 14, 2025 Feb 14, 2025 Feb 28, 2025
$0.0190 M Regular Dec 30, 2024 Jan 15, 2025 Jan 15, 2025 Jan 31, 2025
$0.0190 M Regular Nov 27, 2024 Dec 13, 2024 Dec 13, 2024 Dec 31, 2024
$0.0190 M Regular Oct 30, 2024 Nov 15, 2024 Nov 15, 2024 Dec 02, 2024
$0.0190 M Regular Sep 27, 2024 Oct 15, 2024 Oct 15, 2024 Oct 31, 2024
$0.0190 M Regular Aug 29, 2024 Sep 16, 2024 Sep 16, 2024 Oct 01, 2024
$0.0190 M Regular Jul 30, 2024 Aug 14, 2024 Aug 14, 2024 Aug 30, 2024
$0.0190 M Regular Jun 27, 2024 Jul 15, 2024 Jul 15, 2024 Jul 31, 2024
$0.0190 M Regular May 30, 2024 Jun 14, 2024 Jun 14, 2024 Jun 28, 2024
$0.0190 M Regular Apr 29, 2024 May 13, 2024 May 14, 2024 May 31, 2024
$0.0190 M Regular Mar 27, 2024 Apr 11, 2024 Apr 12, 2024 Apr 30, 2024
$0.0190 M Regular Feb 28, 2024 Mar 13, 2024 Mar 14, 2024 Mar 29, 2024
$0.0190 M Regular Jan 30, 2024 Feb 13, 2024 Feb 14, 2024 Feb 29, 2024
$0.0190 M Regular Dec 28, 2023 Jan 12, 2024 Jan 16, 2024 Jan 31, 2024
$0.0190 M Regular Nov 29, 2023 Dec 13, 2023 Dec 14, 2023 Dec 29, 2023
$0.0190 M Regular Oct 30, 2023 Nov 14, 2023 Nov 15, 2023 Dec 01, 2023
$0.0190 M Regular Sep 28, 2023 Oct 13, 2023 Oct 16, 2023 Oct 31, 2023
$0.0190 M Regular Aug 30, 2023 Sep 14, 2023 Sep 15, 2023 Oct 02, 2023
$0.0190 M Regular Jul 26, 2023 Aug 09, 2023 Aug 10, 2023 Aug 31, 2023
$0.0230 M Regular Jun 29, 2023 Jul 14, 2023 Jul 17, 2023 Jul 31, 2023
$0.0230 M Regular May 30, 2023 Jun 13, 2023 Jun 14, 2023 Jun 30, 2023
$0.0230 M Regular Apr 27, 2023 May 11, 2023 May 12, 2023 May 31, 2023
$0.0230 M Regular Mar 30, 2023 Apr 14, 2023 Apr 17, 2023 Apr 28, 2023
$0.0230 M Regular Mar 01, 2023 Mar 15, 2023 Mar 16, 2023 Mar 31, 2023
$0.0230 M Regular Jan 30, 2023 Feb 13, 2023 Feb 14, 2023 Feb 28, 2023
$0.0230 M Regular Dec 29, 2022 Jan 13, 2023 Jan 17, 2023 Jan 31, 2023
$0.0230 M Regular Nov 29, 2022 Dec 13, 2022 Dec 14, 2022 Dec 30, 2022
$0.0230 M Regular Oct 31, 2022 Nov 14, 2022 Nov 15, 2022 Dec 01, 2022
$0.0300 M Regular Sep 29, 2022 Oct 14, 2022 Oct 17, 2022 Oct 31, 2022
$0.0300 M Regular Aug 30, 2022 Sep 14, 2022 Sep 15, 2022 Oct 03, 2022
$0.0300 M Regular Jul 28, 2022 Aug 11, 2022 Aug 12, 2022 Aug 31, 2022
$0.0300 M Regular Jun 29, 2022 Jul 14, 2022 Jul 15, 2022 Jul 29, 2022
$0.0300 M Regular May 27, 2022 Jun 13, 2022 Jun 14, 2022 Jun 30, 2022
$0.0300 M Regular Apr 28, 2022 May 12, 2022 May 13, 2022 May 31, 2022
$0.0300 M Regular Mar 30, 2022 Apr 13, 2022 Apr 14, 2022 Apr 29, 2022
$0.0300 M Regular Feb 25, 2022 Mar 11, 2022 Mar 14, 2022 Mar 31, 2022
$0.0300 M Regular Jan 28, 2022 Feb 11, 2022 Feb 14, 2022 Feb 28, 2022
$0.0300 M Regular Dec 30, 2021 Jan 13, 2022 Jan 14, 2022 Jan 31, 2022
$0.0300 M Regular Nov 29, 2021 Dec 13, 2021 Dec 14, 2021 Dec 31, 2021
$0.0300 M Regular Nov 01, 2021 Nov 12, 2021 Nov 15, 2021 Nov 30, 2021
$0.0350 M Regular Sep 29, 2021 Oct 14, 2021 Oct 15, 2021 Oct 29, 2021
$0.0350 M Regular Aug 30, 2021 Sep 14, 2021 Sep 15, 2021 Sep 30, 2021
$0.0350 M Regular Jul 29, 2021 Aug 12, 2021 Aug 13, 2021 Aug 31, 2021
$0.0350 M Regular Jun 29, 2021 Jul 14, 2021 Jul 15, 2021 Jul 30, 2021
$0.0350 M Regular May 27, 2021 Jun 11, 2021 Jun 14, 2021 Jun 30, 2021
$0.0350 M Regular Apr 29, 2021 May 13, 2021 May 14, 2021 May 28, 2021
$0.0350 M Regular Mar 30, 2021 Apr 14, 2021 Apr 15, 2021 Apr 30, 2021
$0.0350 M Regular Feb 25, 2021 Mar 11, 2021 Mar 12, 2021 Mar 31, 2021
$0.0350 M Regular Jan 28, 2021 Feb 11, 2021 Feb 12, 2021 Feb 26, 2021
$0.0350 M Regular Dec 30, 2020 Jan 14, 2021 Jan 15, 2021 Jan 29, 2021
$0.0350 M Regular Nov 27, 2020 Dec 11, 2020 Dec 14, 2020 Dec 31, 2020
$0.0350 M Regular Oct 29, 2020 Nov 13, 2020 Nov 16, 2020 Nov 30, 2020
$0.0350 M Regular Sep 29, 2020 Oct 14, 2020 Oct 15, 2020 Oct 30, 2020
$0.0350 M Regular Aug 28, 2020 Sep 14, 2020 Sep 15, 2020 Sep 30, 2020
$0.0350 M Regular Jul 30, 2020 Aug 13, 2020 Aug 14, 2020 Aug 31, 2020
$0.0350 M Regular Jun 29, 2020 Jul 14, 2020 Jul 15, 2020 Jul 31, 2020
$0.0350 M Regular May 28, 2020 Jun 11, 2020 Jun 12, 2020 Jun 30, 2020
$0.0350 M Regular Apr 29, 2020 May 13, 2020 May 14, 2020 May 29, 2020
$0.0350 M Regular Mar 30, 2020 Apr 14, 2020 Apr 15, 2020 Apr 30, 2020
$0.0350 M Regular Feb 27, 2020 Mar 12, 2020 Mar 13, 2020 Mar 31, 2020
$0.0350 M Regular Jan 30, 2020 Feb 13, 2020 Feb 14, 2020 Feb 28, 2020
$0.0350 M Regular Dec 30, 2019 Jan 14, 2020 Jan 15, 2020 Jan 31, 2020
$0.0350 M Regular Nov 27, 2019 Dec 12, 2019 Dec 13, 2019 Dec 31, 2019
$0.0350 M Regular Oct 30, 2019 Nov 14, 2019 Nov 15, 2019 Nov 29, 2019
$0.0350 M Regular Sep 27, 2019 Oct 11, 2019 Oct 15, 2019 Oct 31, 2019
$0.0350 M Regular Aug 29, 2019 Sep 13, 2019 Sep 16, 2019 Sep 30, 2019
$0.0350 M Regular Jul 30, 2019 Aug 13, 2019 Aug 14, 2019 Aug 30, 2019
$0.0350 M Regular Jun 27, 2019 Jul 12, 2019 Jul 15, 2019 Jul 31, 2019
$0.0350 M Regular May 30, 2019 Jun 13, 2019 Jun 14, 2019 Jun 28, 2019
$0.0350 M Regular Apr 29, 2019 May 13, 2019 May 14, 2019 May 31, 2019
$0.0350 M Regular Mar 28, 2019 Apr 11, 2019 Apr 12, 2019 Apr 30, 2019
$0.0350 M Regular Feb 27, 2019 Mar 13, 2019 Mar 14, 2019 Mar 29, 2019
$0.0350 M Regular Jan 30, 2019 Feb 13, 2019 Feb 14, 2019 Feb 28, 2019
$0.0350 M Regular Dec 28, 2018 Jan 14, 2019 Jan 15, 2019 Jan 31, 2019
$0.0350 M Regular Nov 29, 2018 Dec 13, 2018 Dec 14, 2018 Dec 31, 2018
$0.0350 M Regular Nov 01, 2018 Nov 15, 2018 Nov 16, 2018 Nov 30, 2018
$0.0350 M Regular Sep 27, 2018 Oct 11, 2018 Oct 12, 2018 Oct 31, 2018
$0.0350 M Regular Aug 30, 2018 Sep 14, 2018 Sep 17, 2018 Sep 28, 2018
$0.0350 M Regular Jul 30, 2018 Aug 13, 2018 Aug 14, 2018 Aug 31, 2018
$0.0350 M Regular Jun 28, 2018 Jul 13, 2018 Jul 16, 2018 Jul 31, 2018
$0.0350 M Regular May 30, 2018 Jun 13, 2018 Jun 14, 2018 Jun 29, 2018
$0.0350 M Regular Apr 27, 2018 May 10, 2018 May 11, 2018 May 31, 2018
$0.0350 M Regular Mar 28, 2018 Apr 12, 2018 Apr 13, 2018 Apr 30, 2018
$0.0350 M Regular Feb 27, 2018 Mar 13, 2018 Mar 14, 2018 Mar 29, 2018
$0.0350 M Regular Jan 26, 2018 Feb 08, 2018 Feb 09, 2018 Feb 28, 2018
$0.0430 M Regular Dec 28, 2017 Jan 11, 2018 Jan 12, 2018 Jan 31, 2018
$0.0430 M Regular Nov 29, 2017 Dec 13, 2017 Dec 14, 2017 Dec 29, 2017
$0.0430 M Regular Oct 30, 2017 Nov 13, 2017 Nov 14, 2017 Nov 30, 2017
$0.0430 M Regular Sep 28, 2017 Oct 12, 2017 Oct 13, 2017 Oct 31, 2017
$0.0430 M Regular Aug 30, 2017 Sep 13, 2017 Sep 14, 2017 Sep 29, 2017
$0.0430 M Regular Jul 28, 2017 Aug 09, 2017 Aug 11, 2017 Aug 31, 2017
$0.0430 M Regular Jun 29, 2017 Jul 12, 2017 Jul 14, 2017 Jul 31, 2017
$0.0430 M Regular May 31, 2017 Jun 12, 2017 Jun 14, 2017 Jun 30, 2017
$0.0430 M Regular Apr 28, 2017 May 09, 2017 May 11, 2017 May 31, 2017
$0.0430 M Regular Mar 30, 2017 Apr 11, 2017 Apr 13, 2017 Apr 28, 2017
$0.0430 M Regular Feb 27, 2017 Mar 09, 2017 Mar 13, 2017 Mar 31, 2017
$0.0430 M Regular Feb 08, 2017 Feb 21, 2017 Feb 23, 2017 Feb 28, 2017
$0.0430 M Regular Dec 29, 2016 Jan 11, 2017 Jan 13, 2017 Jan 31, 2017
$0.0430 M Regular Nov 29, 2016 Dec 12, 2016 Dec 14, 2016 Dec 30, 2016
$0.0430 M Regular Oct 28, 2016 Nov 14, 2016 Nov 16, 2016 Nov 30, 2016
$0.0430 M Regular Sep 29, 2016 Oct 12, 2016 Oct 14, 2016 Oct 31, 2016

Peer Comparison

Selected Asset Management dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
SOR Source Capital, Inc. 5.42% 8.8% 0 yrs 87
CGI.TO Canadian General Investments, Limited 2.36% 5.2% 7 yrs 83
CGRIF Canadian General Investments, Limited 2.27% 4.1% 2 yrs 79
TROW T. Rowe Price Group, Inc. 4.89% 7.1% 3 yrs 74

LEO dividend — frequently asked questions

Does BNY Mellon Strategic Municipals, Inc. pay a dividend?

Yes. BNY Mellon Strategic Municipals, Inc. (LEO) currently pays a dividend. The annualized dividend is about $0.36 per share, a yield of approximately 6.08%.

What is BNY Mellon Strategic Municipals, Inc.'s dividend yield?

BNY Mellon Strategic Municipals, Inc.'s dividend yield is approximately 6.08%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does BNY Mellon Strategic Municipals, Inc. pay dividends?

BNY Mellon Strategic Municipals, Inc. pays dividends monthly — 12 times per year.

When is BNY Mellon Strategic Municipals, Inc.'s next ex-dividend date?

The next ex-dividend date on record for BNY Mellon Strategic Municipals, Inc. is September 14, 2026. The associated payment is $0.0300 per share; you must own the shares before the ex-dividend date to receive it.

How long has BNY Mellon Strategic Municipals, Inc. paid dividends?

BNY Mellon Strategic Municipals, Inc. has 38 years of dividend payments on record.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

View
Theme