Dreyfus Strategic Municipals Inc Stock Dividends Overview

LEO pays dividends monthly. Last paid amount was $0.0190 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.11%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.11%
Frequency Monthly
1Y Growth -17.39%
Payout Ratio 0
Amount Per Share $0.0190
Next Ex-Dividend Date May 13, 2024
Next Payment Date May 31, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from LEO the purchase should be done within the next 11 days.
Here's a simple guide on how to buy LEO stock.

LEO Dividend Payout History

To ensure a understanding of LEO's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 29, 2024 May 13, 2024 May 31, 2024 $0.0190 0.321%
2 Apr 11, 2024 Apr 11, 2024 Apr 30, 2024 $0.0190 0.323%
3 Mar 13, 2024 Mar 13, 2024 Mar 29, 2024 $0.0190 0.311%
4 Jan 30, 2024 Feb 13, 2024 Feb 29, 2024 $0.0190 0.316%
5 Dec 28, 2023 Jan 12, 2024 Jan 31, 2024 $0.0190 0.320%
6 Nov 29, 2023 Dec 13, 2023 Dec 29, 2023 $0.0190 0.324%
7 Oct 30, 2023 Nov 14, 2023 Dec 01, 2023 $0.0190 0.329%
8 Sep 28, 2023 Oct 13, 2023 Oct 31, 2023 $0.0190 0.374%
9 Aug 30, 2023 Sep 14, 2023 Oct 02, 2023 $0.0190 0.358%
10 Jul 26, 2023 Aug 09, 2023 Aug 31, 2023 $0.0190 0.332%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (46.91%)

Growth potential

Stable (18.75%)

LEO Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from LEO dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LEO stock here.

Comparing LEO to Sector and Country

LEO pays a solid dividend yield of 4.11%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). LEO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

LEO Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
JFR
Nuveen Floating Rate Income Fund 1.154B $0.0850 12.03% 79.51%
DPG
Duff & Phelps Global Utility Income Fund Inc 358.526M $0.210 10.52% -122.98%
HPI
John Hancock Preferred Income Fund 432.272M $0.124 9.70% 3,939.14%
EVN
Eaton Vance Municipal Income Trust 389.927M $0.0461 5.06% 141.62%
MYN
Blackrock MuniYield New York Quality Fund Inc 398.241M $0.0442 4.47% 85.55%
LEO
Dreyfus Strategic Municipals Inc 366.893M $0.0190 4.11% 135.23%
NQP
Nuveen Pennsylvania Investment Quality Municipal Fund Inc 429.534M $0.0455 3.53% -108.41%
MFL
Blackrock MuniHoldings Investment Quality Fund - $0.0500 0% 47.68%

FAQ

What factors can affect the amount of LEO's dividend payments?
The amount of LEO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in LEO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from LEO stock be automatically reinvested?
If LEO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy LEO stock.

How often does LEO pay dividend?
Dreyfus Strategic Municipals Inc (LEO) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 13, 2024, with an amount of $0.0190.

How much does LEO pays per share?
The last recorder (Apr 11, 2024) dividend per share was $0.0190.

What is LEO dividend growth rate?
Over the last year, Dreyfus Strategic Municipals Inc has witnessed growth rate of -17.39% . Looking back over the past 3 years, this growth rate has been -18.42%. Furthermore, examining the past 5 years, Dreyfus Strategic Municipals Inc has maintained an average Dividends Per Share Growth Rate of -11.50%.
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About Dreyfus Strategic Municipals Inc

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 ... LEO Profile

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