Blackrock New York Municipal Income Trst (BNY) to Issue Monthly Dividend of $0.05 on September 3rd
Blackrock New York Municipal Income Trst (NYSE:BNY) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.045 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.54 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Wednesday, August 14th.
Blackrock New York Municipal Income Trst has decreased its dividend payment by an average of 9.1% annually over the last three years.
Blackrock New York Municipal Income Trst stock traded up $0.20 during mid-day trading on Monday, reaching $14.06. 8,549 shares of the company traded hands, compared to its average volume of 21,254. The stock’s 50 day moving average price is $13.70. Blackrock New York Municipal Income Trst has a 52-week low of $11.70 and a 52-week high of $14.41.
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.
Featured Article: How Do You Calculate Return on Equity (ROE)?
Receive News & Ratings for Blackrock New York Municipal Income Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock New York Municipal Income Trst and related companies with MarketBeat.com's FREE daily email newsletter.