BlackRock New York Municipal Income Trust (NYSE:BNY) Announces $0.04 Monthly Dividend

BlackRock New York Municipal Income Trust (NYSE:BNYGet Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.043 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Thursday, August 15th.

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

BlackRock New York Municipal Income Trust Trading Down 0.5 %

BNY opened at $10.86 on Tuesday. The company’s 50-day moving average price is $10.73 and its 200 day moving average price is $10.61. BlackRock New York Municipal Income Trust has a fifty-two week low of $8.60 and a fifty-two week high of $11.00.

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.

Recommended Stories

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

Receive News & Ratings for BlackRock New York Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock New York Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.