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

BlackRock New York Municipal Income Trust (NYSE:BNY) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given 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 5.75%. 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 0.2 %

Shares of BlackRock New York Municipal Income Trust stock traded up $0.02 on Wednesday, reaching $10.65. 36,397 shares of the company were exchanged, compared to its average volume of 44,729. The stock has a fifty day moving average price of $10.85 and a 200-day moving average price of $10.75. BlackRock New York Municipal Income Trust has a fifty-two week low of $9.43 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.