Dreyfus Strategic Municipals, Inc. (NYSE:LEO) is expected to pay $0.04 on Nov 30, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Dreyfus Strategic Municipals, Inc.’s current price of $8.53, the dividend is 0.50%. This dividend’s record date is Nov 16, 2016 and the announcement date is Oct 31, 2016. The stock decreased 0.81% or $0.07 on November 11, hitting $8.53. Dreyfus Strategic Muni. (NYSE:LEO) has declined 6.06% since April 12, 2016 and is downtrending. It has underperformed by 11.04% the S&P500.
Dreyfus Strategic Municipals, Inc. is a diversified closed-end management investment company. The company has a market cap of $523.28 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 13.97 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 fall, 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.
The Iowa-based Cambridge Advsr has invested 0.01% in Dreyfus Strategic Muni. (NYSE:LEO). Commercial Bank Of America Corporation De reported 38,911 shares or 0% of all its holdings. Northern Tru Corp has 0% invested in the company for 25,606 shares. Keybank Association Oh holds 0% of its portfolio in Dreyfus Strategic Muni. (NYSE:LEO) for 23,200 shares. Jpmorgan Chase And has 0% invested in the company for 3,000 shares. Benjamin F Edwards & has 1,975 shares for 0% of their US portfolio. Hanlon Mngmt Inc has 13,900 shares for 0.01% of their US portfolio. Sit has 0.05% invested in the company for 206,825 shares. Mutual Of Omaha Fincl Bank Wealth Management holds 0.08% or 27,500 shares in its portfolio. Kanaly Trust Co last reported 0.02% of its portfolio in the stock. Macroview Investment Ltd Liability Corp, a Maryland-based fund reported 74,216 shares. Moreover, Guggenheim Capital has 0.03% invested in Dreyfus Strategic Muni. (NYSE:LEO) for 1.02M shares. Hollencrest Securities Ltd Liability Company last reported 28,520 shares in the company. Hightower Advsrs Llc holds 0.01% of its portfolio in Dreyfus Strategic Muni. (NYSE:LEO) for 85,212 shares. Raymond James Fincl Ser Advsrs has 0% invested in the company for 20,300 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 October 11, 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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