Page title
Section title
- Dividend Yield
- 3.47%
- Payout Ratio
- 74.16%
- Dividend Amount Per Share
- $0.33
- Last Ex-Dividend Date
- Sep 16, 2024
LEO Dividend Safety
LEO paid out 74.16% of its $5M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
LEO's Dividend Payout Ratio of 74.16% is considered high for the Financial Services sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
LEO's Interest Coverage Ratio of 3.728 indicates strong financial health with easy coverage of interest expenses.
Income Quality
LEO shows excellent income quality with a ratio of 29.542. This indicates high-quality earnings and low risk of dividend cuts.
LEO Dividend Growth
BNY Mellon Strategic Municipals, Inc.(LEO) offers a dividend yield of 3.47% and pays $0.33 in dividends per share. Explore the historical dividend growth of LEO.
Dividend Stability
LEO has shown inconsistent dividend payments over the past 10 years with 5 cuts over 5%.
Dividend Growth
LEO's dividend payments have shown very poor growth, shrinking by -11.501% over the last 5 years.
Earnings Growth
LEO's earnings have shown very poor growth, shrinking by -37.398% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
LEO Dividend Yield Attractiveness
BNY Mellon Strategic Municipals, Inc.(LEO) provides a dividend yield of 3.47%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.06%
3.14%
3.47%
3.73%
Dividend Yield
LEO's dividend yield of 3.47% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
LEO Cash Flow
Over the past 12 months, LEO generated $30M in revenue, produced $9M in free cash flow, and distributed $34M in dividends.
Free Cash Flow Growth
LEO's free cash flow has grown by 11.045% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
LEO Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by BNY Mellon Strategic Municipals, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.