BNY Mellon Strategic Municipals/LEO

$5.88

0.68%
-
1D1W1MYTD1YMAX

About BNY Mellon Strategic Municipals

BNY Mellon Strategic Municipals, Inc. (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to maximize income exempt from federal income tax to the extent consistent with the preservation of capital. BNY Mellon Investment Adviser, Inc. (the Adviser) serves as the fund’s investment adviser. Under normal market conditions, the fund invests at least 80% of its net assets in municipal obligations. Generally, the fund invests at least 50% of its net assets in municipal bonds considered investment grade or the unrated equivalent as determined by BNY Mellon Investment Adviser, Inc. in the case of bonds, and in the two categories or the unrated equivalent as determined by the Adviser in the case of short-term obligations having or deemed to have maturities of less than one year. BNY Mellon Investment Adviser, Inc. serves as investment adviser of the Fund.

Ticker

LEO

Sector

Financials

Trading on

NYSE

Industry

Misc. Financial Services

CEO

Employees

-

Headquarters

New york, United States

LEO Metrics

BasicAdvanced
$365.65M
Market cap
203.18
P/E ratio
$0.03
EPS
0.53
Beta
$0.28
Dividend rate
4.09%
Dividend yield
$365.65M
0.53318
$6.38
$4.98
170.9K
$0.28
30.023
30.023
951.85%
1.38%
0.79%
0.45%
0.8%
203.185
12.782
0.932
0.776
10.343
5.14%
4.68%
4.09%
-5.22%
101.61%
-6.45%
-35.66%
-13.17%

LEO Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-209.35% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$13.9M
-4.79%
Net income
$-29.1M
-185.09%
Profit margin
-209.35%
-189.37%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for BNY Mellon Strategic Municipals stock?

BNY Mellon Strategic Municipals (LEO) has a market cap of $365.65M as of April 24, 2024.

What is the P/E ratio for BNY Mellon Strategic Municipals stock?

The price to earnings (P/E) ratio for BNY Mellon Strategic Municipals (LEO) stock is 203.18 as of April 24, 2024.

Does BNY Mellon Strategic Municipals stock pay dividends?

Yes, the BNY Mellon Strategic Municipals (LEO) stock pays dividends to shareholders. As of April 24, 2024, the dividend rate is $0.275 and the yield is 4.09%. BNY Mellon Strategic Municipals has a payout ratio of 951.85% on a trailing twelve-month basis.

When is the next BNY Mellon Strategic Municipals dividend payment date?

The next BNY Mellon Strategic Municipals (LEO) dividend payment is scheduled for April 30, 2024.

What is the beta indicator for BNY Mellon Strategic Municipals?

BNY Mellon Strategic Municipals (LEO) has a beta rating of 0.53. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the BNY Mellon Strategic Municipals stock price target?

The target price for BNY Mellon Strategic Municipals (LEO) stock is $, which is 100% below the current price of $5.88. This is an average based on projections from analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell BNY Mellon Strategic Municipals stock

Buy or sell BNY Mellon Strategic Municipals stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing