Blackrock New York Municipal Income Trst to Issue Monthly Dividend of $0.06 (BNY)

Blackrock New York Municipal Income Trst (NYSE:BNY) announced a monthly dividend on Tuesday, April 4th. Stockholders of record on Thursday, April 13th will be paid a dividend of 0.06 per share by the financial services provider on Monday, May 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Tuesday, April 11th.

Blackrock New York Municipal Income Trst has decreased its dividend by an average of 3.7% annually over the last three years.

Shares of Blackrock New York Municipal Income Trst (NYSE:BNY) remained flat at $14.70 during mid-day trading on Thursday. The stock had a trading volume of 6,720 shares. The stock’s market capitalization is $190.50 million. Blackrock New York Municipal Income Trst has a 12-month low of $13.29 and a 12-month high of $16.91. The firm has a 50 day moving average price of $14.30 and a 200 day moving average price of $14.38.

Dividend History for Blackrock New York Municipal Income Trst (NYSE:BNY)

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Blackrock New York Municipal Income Trst Company Profile

BlackRock New York Municipal Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax and New York State and New York City personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and New York State and New York City personal income taxes.

5 Day Chart for NYSE:BNY

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