BlackRock New York Municipal Income Trust (BNY) to Issue Monthly Dividend of $0.05 on February 3rd

BlackRock New York Municipal Income Trust (NYSE:BNYGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.051 per share by the financial services provider on Monday, February 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Wednesday, January 15th.

BlackRock New York Municipal Income Trust has decreased its dividend by an average of 4.6% per year over the last three years.

BlackRock New York Municipal Income Trust Price Performance

Shares of BlackRock New York Municipal Income Trust stock opened at $10.22 on Monday. The firm has a 50 day simple moving average of $10.51 and a 200 day simple moving average of $10.71. 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

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

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