BlackRock New York Municipal Income Trust Declares Monthly Dividend of $0.05 (NYSE:BNY)

BlackRock New York Municipal Income Trust (NYSE:BNYGet Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.051 per share by the financial services provider on Friday, November 1st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock New York Municipal Income Trust has decreased its dividend payment by an average of 13.5% annually over the last three years.

BlackRock New York Municipal Income Trust Stock Up 0.4 %

BNY opened at $10.96 on Friday. BlackRock New York Municipal Income Trust has a 12-month low of $8.60 and a 12-month high of $11.10. The firm’s fifty day moving average price is $10.87 and its 200 day moving average price is $10.70.

BlackRock New York Municipal Income Trust Company Profile

(Get Free Report)

BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.

Further Reading

Dividend History for BlackRock New York Municipal Income Trust (NYSE:BNY)

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