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

Posted by Latisha Jones on Nov 13th, 2024

BlackRock New York Municipal Income Trust (NYSE:BNY – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.051 per share by the financial services provider on Monday, December 2nd. This represents a $0.61 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend is Friday, November 15th.

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

BlackRock New York Municipal Income Trust Stock Up 0.3 %

Shares of NYSE:BNY traded up $0.03 on Wednesday, hitting $10.66. 31,817 shares of the company’s stock were exchanged, compared to its average volume of 44,708. The business’s 50 day simple moving average is $10.85 and its two-hundred day simple moving average is $10.75. BlackRock New York Municipal Income Trust has a 12 month low of $9.43 and a 12 month high of $11.10.

BlackRock New York Municipal Income Trust Company Profile

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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.