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BNY Mellon sets $0.02 monthly dividend for three bond funds, despite recent payout declines.
BNY Mellon announced monthly dividends for three municipal bond funds: LEO, DMF, and DSM, each at $0.02 per share, payable on January 31st to shareholders of record on January 15th.
LEO's yield is 3.77%, DMF's is 3.21%, and DSM's is 3.72%.
Despite the dividends, these funds have reduced their dividend payments by an average of 15.2%, 18.1%, and 9.6% annually over the past three years, respectively.
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BNY Mellon establece $0.02 dividendos mensuales para tres fondos de bonos, a pesar de las recientes disminuciones en los pagos.