BlackRock New York Municipal Income Trust (NYSE:BNY – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.051 per share by the financial services provider on Monday, March 3rd. This represents a $0.61 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend is Friday, February 14th.
BlackRock New York Municipal Income Trust has decreased its dividend payment by an average of 4.1% annually over the last three years.
BlackRock New York Municipal Income Trust Trading Up 0.8 %
BNY opened at $10.50 on Wednesday. The company’s 50-day moving average price is $10.42 and its 200 day moving average price is $10.66. BlackRock New York Municipal Income Trust has a fifty-two week low of $10.05 and a fifty-two week 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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