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

BlackRock New York Municipal Income Trust (NYSE:BNYGet Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.051 per share by the financial services provider on Tuesday, December 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Monday, December 16th.

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 Performance

Shares of BNY stock traded down $0.14 during trading hours on Friday, reaching $10.62. 68,220 shares of the company’s stock were exchanged, compared to its average volume of 47,125. BlackRock New York Municipal Income Trust has a fifty-two week low of $10.16 and a fifty-two week high of $11.10. The stock’s 50 day moving average is $10.72 and its 200-day moving average is $10.76.

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.

See Also

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

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