Trailing Dividend / Share
$0.24
BNY Mellon Strategic Municipals, Inc. (LEO) Dividend History
Income profile from 1987 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.8%
Payout Ratio
N/A
Unknown
Dividend Streak
1 years
LEO Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 3.0% and trend is falling.
LEO Dividend Scorecard
Yield & Income
Dividend Yield3.8%
Trailing DPS$0.24
FrequencyMonthly
Payments / 12M12
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout58.8%
FCF SafetyAdequate
Piotroski F-Score5/9
Growth
Growth Streak1 years
3Y CAGR-9.6%
5Y CAGR-9.4%
Yield on Cost (5Y)3.0%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield3.8%
1Y Total Return15.1%
5Y Total Return-11.9%
Div Contribution (5Y)16.3%
Estimated $10K growth (return + dividends):
5Y ago$8,81010Y ago$10,79820Y ago$17,858
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
LEO Income Growth Story
Dividend per share and yield on cost over time (40 years of payments)
LEO Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
BNY Mellon Strategic Municipals, Inc. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 58.8%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
LEO has raised its dividend for 1 consecutive year, with a 3-year CAGR of -9.6% and 5-year CAGR of -9.4%.
Total Shareholder Returns
Beyond cash dividends, LEO returns capital through share repurchases. The combined picture: 3.8% dividend yield, 3.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.0% and is currently falling. The 5-year total return is -11.9%, with dividends contributing 16.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $10,798 today.
LEO Recent Dividend Payments
Last 20 payments · Monthly
TTM Total$0.45
Avg/Payment$0.0226
Latest Change+15.4%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 11, 2026Latest | $0.0300 | ↑ +15.4% | 4.65% | Jun 30, 2026 |
| May 13, 2026 | $0.0260 | — | 4.52% | May 29, 2026 |
| Apr 14, 2026 | $0.0260 | — | 4.39% | Apr 30, 2026 |
| Mar 12, 2026 | $0.0260 | — | 4.35% | Mar 31, 2026 |
| Feb 12, 2026 | $0.0260 | ↑ +13.0% | 4.11% | Feb 27, 2026 |
| Jan 14, 2026 | $0.0230 | — | 4.04% | Jan 30, 2026 |
| Dec 11, 2025 | $0.0230 | — | 4.07% | Dec 31, 2025 |
| Nov 14, 2025 | $0.0230 | — | 4.02% | Dec 1, 2025 |
LEO Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
3.8%
#1 of 6
Safety
Unknown
— payout
Streak
1Y
-9.4% 5Y CAGR
Total Shareholder
3.8%
#4 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st  LEOBNY Mellon Strategic… | $397M | 3.8% | — | 1 | Unknown |
 BKThe Bank of New York… | $100.0B | 1.4% | 26.1% | 15 | Sustainable |
2nd  MSMorgan Stanley | $341.0B | 1.9% | 39.1% | 12 | Sustainable |
3rd  GSThe Goldman Sachs Gr… | $337.5B | 1.6% | 30.7% | 14 | Sustainable |
 ICEIntercontinental Exc… | $79.6B | 1.4% | 33.4% | 13 | Sustainable |
 MSCIMSCI Inc. | $43.6B | 1.2% | 46.3% | 12 | Sustainable |
LEO Annual Dividend History (1987–2026)
40 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.16 | — | 6 | — | — | — | 1.9% |
| 2025 | $0.26 | 12.3% | 12 | $-0.21 | — | — | 3.0% |
| 2024 | $0.23 | -10.9% | 12 | $1.18 | 19.3% | 5.18x | 2.7% |
| 2023 | $0.26 | -26.0% | 12 | $0.03 | 885.8% | 0.11x | 3.0% |
| 2022 | $0.35 | -15.6% | 12 | $-1.79 | — | — | 4.1% |
| 2021 | $0.41 | -2.4% | 12 | $0.76 | 53.9% | 1.85x | 4.9% |
| 2020 | $0.42 | 0.0% | 12 | $0.11 | 381.8% | 0.26x | 5.0% |
| 2019 | $0.42 | -1.9% | 12 | $0.82 | 51.2% | 1.95x | 5.0% |
| 2018 | $0.43 | -17.1% | 12 | $0.08 | 513.8% | 0.19x | 5.1% |
| 2017 | $0.52 | 0.0% | 12 | $0.03 | 1720.0% | 0.06x | 6.1% |
What if you invested $1,000 in LEO back in 1987?
Total return with dividends reinvested · 39+ years of data
Calculate ReturnsHow much would $100/month in LEO be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs LEO Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationLEO vs BRK-B — which is the better buy?
Side-by-side revenue, margins, P/E and 10-year returns vs Berkshire Hathaway Inc..
Compare NowLEO — Frequently Asked Questions
Quick answers to the most common questions about buying LEO stock.
How much dividend does LEO pay per share?
BNY Mellon Strategic Municipals, Inc. (LEO) pays a trailing 12-month dividend of $0.24 per share, with a current dividend yield of +3.8%. Payments are made Monthly.
When is LEO's next ex-dividend date?
LEO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LEO typically pays dividends Monthly.
Is LEO's dividend safe?
LEO's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +58.8%. The 1-year growth streak provides moderate confidence.
How many years has LEO increased its dividend?
LEO has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -9.4%.
How often does LEO pay dividends?
BNY Mellon Strategic Municipals, Inc. pays dividends Monthly. The trailing 12-month total is $0.24 per share. Dividend data on this page covers 39+ years from 1987 to 2026.
How much would $10,000 invested in LEO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LEO five years ago would be worth approximately $8,810 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LEO's yield on cost for long-term holders?
LEO's yield on cost — the current dividend divided by the original purchase price — is +3.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.8% market yield, thanks to the lower original cost basis.