BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) Plans $0.04 Monthly Dividend
BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.04 per share by the investment management company on Tuesday, September 3rd. This represents a $0.48 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Wednesday, August 14th.
BlackRock Muni New York Intr. Dur. Fnd. has decreased its dividend payment by an average of 4.5% annually over the last three years.
NYSE MNE traded up $0.22 during trading hours on Monday, reaching $14.67. The stock had a trading volume of 1,657 shares, compared to its average volume of 8,627. The company’s fifty day moving average is $14.50. BlackRock Muni New York Intr. Dur. Fnd. has a 52-week low of $12.01 and a 52-week high of $14.84.
BlackRock Muni New York Intermediate Duration Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes and with a duration of three to ten years at the time of investment.
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