BlackRock New York Municipal Income Trust (NYSE:BNY – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.051 per share by the financial services provider on Monday, February 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date is Wednesday, January 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 Price Performance
Shares of BNY stock opened at $10.34 on Friday. BlackRock New York Municipal Income Trust has a 12-month low of $10.05 and a 12-month high of $11.10. The business has a 50 day simple moving average of $10.54 and a 200 day simple moving average of $10.72.
About BlackRock New York Municipal Income Trust
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.
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