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

BlackRock New York Municipal Income Trust (NYSE:BNY) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.051 per share by the financial services provider on Monday, December 2nd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.72%. 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% per year over the last three years.

BlackRock New York Municipal Income Trust Stock Up 0.3 %

NYSE BNY traded up $0.03 during trading hours on Thursday, hitting $10.69. The company had a trading volume of 15,816 shares, compared to its average volume of 44,615. The firm’s 50 day moving average is $10.84 and its 200 day moving average is $10.75. BlackRock New York Municipal Income Trust has a fifty-two week low of $9.59 and a fifty-two week high of $11.10.

BlackRock New York Municipal Income Trust Company Profile

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.