Dividend To Observe: Shareholders can safely expect $0.04 dividends by Oct 31, 2016, from Dreyfus Strategic Municipals, Inc. (NYSE:LEO).

Dividend To Observe: Shareholders can safely expect $0.04 dividends by Oct 31, 2016, from Dreyfus Strategic Municipals, Inc. (NYSE:LEO).

Dreyfus Strategic Municipals, Inc. (NYSE:LEO) is expected to pay $0.04 on Oct 31, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Dreyfus Strategic Municipals, Inc.’s current price of $9.18, the dividend is 0.47%. This dividend’s record date is Oct 14, 2016 and the announcement date is Sep 30, 2016. The stock increased 0.33% or $0.03 on October 10, hitting $9.18. Dreyfus Strategic Muni. (NYSE:LEO) has risen 4.44% since March 8, 2016 and is uptrending. It has underperformed by 4.88% the S&P500.

Dreyfus Strategic Municipals, Inc. is a diversified closed-end management investment company. The company has a market cap of $566.54 million. The Fund’s investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. It has a 15.04 P/E ratio. The Fund has Long-Term Municipal Investments in various states of the United States, such as Alabama, Alaska, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wyoming and the United States related.

Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.85, from 1.73 in 2016Q1. The ratio worsened, as 2 funds sold all Dreyfus Strategic Muni. shares owned while 15 reduced positions. 2 funds bought stakes while 13 increased positions. They now own 3.71 million shares or 7.15% more from 3.46 million shares in 2016Q1.
Inv Advisors Ltd Liability Corp accumulated 205,086 shares or 0.18% of the stock. Essex Finance accumulated 0.04% or 17,800 shares. Moreover, Creative Planning has 0% invested in Dreyfus Strategic Muni. (NYSE:LEO) for 10,100 shares. The Arizona-based Mutual Of Omaha National Bank Wealth Mgmt has invested 0.08% in Dreyfus Strategic Muni. (NYSE:LEO). Goodwin Daniel L, a Illinois-based fund reported 48,022 shares. Marquette Asset Mngmt accumulated 56,135 shares or 0.23% of the stock. Advisors Asset Mngmt accumulated 190,470 shares or 0.03% of the stock. Jpmorgan Chase owns 3,000 shares or 0% of their US portfolio. Seabridge Advsr Limited Com, a New Jersey-based fund reported 23,750 shares. Macroview Inv Limited Company holds 3.12% of its portfolio in Dreyfus Strategic Muni. (NYSE:LEO) for 74,216 shares. Sii Investments Wi last reported 13,223 shares in the company. The Massachusetts-based Investors Advisory Serv has invested 0.03% in Dreyfus Strategic Muni. (NYSE:LEO). Invsts Asset Of Georgia Ga Adv holds 0.21% or 27,859 shares in its portfolio. Cetera Advisors has 0.02% invested in the company for 30,090 shares. Indiana Investment Mngmt accumulated 1.03% or 215,008 shares.

More notable recent Dreyfus Strategic Muni. (NYSE:LEO) news were published by: Businesswire.com which released: “Dreyfus Strategic Municipal Bond Fund, Inc. and Dreyfus Strategic Municipals …” on July 25, 2016, also Nasdaq.com with their article: “Dreyfus Strategic Municipal Bond Fund, Inc. (DSM) Ex-Dividend Date Scheduled …” published on September 09, 2016, Marketwatch.com published: “Dreyfus High Yield Strategies Fund” on February 06, 2011. More interesting news about Dreyfus Strategic Muni. (NYSE:LEO) were released by: Seekingalpha.com and their article: “Possible Additions To The 7% CEF Portfolio; Municipal Bond CEFs That Offer …” published on August 04, 2016 as well as Zacks.com‘s news article titled: “3 Strong Buy Dreyfus Mutual Funds” with publication date: January 25, 2016.

LEO Company Profile

Dreyfus Strategic Municipals, Inc. (the Fund), incorporated on July 20, 1987, is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax. Dreyfus Strategic Municipals, Inc. invests at least 80% of its net assets in municipal obligations. The Fund invests at least 50% of its net assets in municipal bonds considered investment-grade or the unrated equivalent as determined by The Dreyfus Corporation (Dreyfus) in the case of bonds, and in the two highest rating categories or the unrated equivalent as determined by Dreyfus in the case of short-term obligations having or deemed to have maturities of less than one year.

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