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

BlackRock New York Municipal Income Trust (NYSE:BNYGet Free Report) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.051 per share by the financial services provider on Tuesday, December 31st. This represents a $0.61 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend is Monday, December 16th.

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 Performance

Shares of BlackRock New York Municipal Income Trust stock traded down $0.14 on Friday, hitting $10.62. 68,220 shares of the company traded hands, compared to its average volume of 47,125. The stock’s 50 day moving average price is $10.72 and its 200-day moving average price is $10.76. BlackRock New York Municipal Income Trust has a 52 week low of $10.16 and a 52 week high of $11.10.

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.

See Also

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

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