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LEO (BNY Mellon Strategic Municipals,) Dividend Payout Ratio : 0.31 (As of Sep. 2024)


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What is BNY Mellon Strategic Municipals, Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. BNY Mellon Strategic Municipals,'s Dividend Payout Ratio for the months ended in Sep. 2024 was 0.31.

The historical rank and industry rank for BNY Mellon Strategic Municipals,'s Dividend Payout Ratio or its related term are showing as below:

LEO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 3.82   Max: 17.2
Current: 0.19

During the past 8 years, the highest Dividend Payout Ratio of BNY Mellon Strategic Municipals, was 17.20. The lowest was 0.19. And the median was 3.82.

LEO's Dividend Payout Ratio is ranked better than
86.5% of 1022 companies
in the Asset Management industry
Industry Median: 0.675 vs LEO: 0.19

As of today (2024-12-12), the Dividend Yield % of BNY Mellon Strategic Municipals, is 3.57%.

During the past 8 years, the highest Trailing Annual Dividend Yield of BNY Mellon Strategic Municipals, was 6.95%. The lowest was 3.51%. And the median was 5.44%.

BNY Mellon Strategic Municipals,'s Dividends per Share for the months ended in Sep. 2024 was $0.11.

During the past 12 months, BNY Mellon Strategic Municipals,'s average Dividends Per Share Growth Rate was -13.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -18.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.30% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of BNY Mellon Strategic Municipals, was -1.80% per year. The lowest was -18.40% per year. And the median was -6.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

BNY Mellon Strategic Municipals, Dividend Payout Ratio Historical Data

The historical data trend for BNY Mellon Strategic Municipals,'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BNY Mellon Strategic Municipals, Dividend Payout Ratio Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Dividend Payout Ratio
Get a 7-Day Free Trial 3.82 0.55 - 6.60 0.19

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.26 - 0.14 0.31

Competitive Comparison of BNY Mellon Strategic Municipals,'s Dividend Payout Ratio

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BNY Mellon Strategic Municipals,'s Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Dividend Payout Ratio falls into.


BNY Mellon Strategic Municipals, Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

BNY Mellon Strategic Municipals,'s Dividend Payout Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2024 )/ EPS without NRI (A: Sep. 2024 )
=0.228/ 1.18
=0.19

BNY Mellon Strategic Municipals,'s Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.114/ 0.367
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BNY Mellon Strategic Municipals, (NYSE:LEO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

BNY Mellon Strategic Municipals, Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BNY Mellon Strategic Municipals,'s Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BNY Mellon Strategic Municipals, Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) » Definitions » Dividend Payout Ratio
Comparable Companies
BRW DPG PPT VKI TYG SOR DFP KMF MCI FFA BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
Website
https://www.bnymellonim.com
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others. BNY Mellon and its affiliates, including BNYM Investment Adviser, INA and others involved in the management, sales, investment activities, business operations or distribution of the Fund, are engaged in businesses and have interests other than that of managing the Fund.
Executives
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John P Shea other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
David Dipetrillo officer: Vice President C/O THE DREYFUS CORPORATION, 240 GREENWICH STREET, NEW YORK NY 10286
Mark D Woods other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286