- BNY Mellon Strategic Municipals (LEO) declared a $0.023/share cash dividend, effective Oct 14, 2025 ex-dividend date.
- The payout marks a 41% drop from its 10-year average of $0.0393/share, matching the prior dividend issued on Oct 1, 2025.
- LEO's stock recently crossed above its 200-day moving average, with tighter bid-ask spreads indicating improved liquidity.
- Analysts are scrutinizing the dividend cut's implications for LEO's financial sustainability and its position relative to municipal bond peers.
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