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LEO Dividend

BNY Mellon Strategic Municipals, Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
4.86%
Annual dividend
$0.30
Payout ratio
1.35
Frequency
Monthly
Share price
$6.21
Market cap
$387M

Next payment

Ex-dividend date: Pay date: Amount: $0.0300

You must own the shares before the ex-dividend date to receive this payment.

Is LEO a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median4.86% against a median of 2.78% across US dividend payers.
  • Paying out more than it earnsA payout ratio of 1.35 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • Dividend has been cut 12 timesAcross 39 complete years, the annual total fell in 2022, 2023, 2024 and earlier. The most recent reduction was in 2024.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

LEO dividend history

Annual dividend per share, 1987 to 2025.

1987199420012008201520222025
Peak $0.7800 in 1988Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for LEO, most recent first.
Ex-dividend datePay dateAmountType
$0.0300Monthly
$0.0300Monthly
$0.0300Monthly
$0.0260Monthly
$0.0260Monthly
$0.0260Monthly
$0.0260Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0190Monthly
$0.0230Monthly
$0.0230Monthly
$0.0230Monthly

How much would LEO pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate LEO dividend income →

LEO appears in

Frequently asked questions

Does LEO pay a dividend?
Yes. BNY Mellon Strategic Municipals, Inc. pays a monthly dividend, currently yielding 4.86% based on trailing twelve-month payments of $0.30 per share.
How much does LEO pay in dividends?
$0.30 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next LEO ex-dividend date?
The next ex-dividend date on record is August 13, 2026, with payment on August 31, 2026. You must own the shares before the ex-dividend date to receive that payment.