BlackRock New York Municipal Income Trust (NYSE:BNY – Get 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 yield of 5.58%. The ex-dividend date 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 Performance
BlackRock New York Municipal Income Trust stock opened at $10.96 on Friday. The business has a 50 day simple moving average of $10.87 and a 200-day simple moving average of $10.70. BlackRock New York Municipal Income Trust has a 12 month low of $8.60 and a 12 month high of $11.10.
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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