Blackrock New York Municipal Income Trst (NYSE:BNY) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be paid a dividend of 0.06 per share by the financial services provider on Wednesday, November 1st. This represents a $0.72 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Friday, October 13th.
Blackrock New York Municipal Income Trst has decreased its dividend by an average of 3.7% annually over the last three years.
Blackrock New York Municipal Income Trst (NYSE:BNY) opened at 15.17 on Friday. The firm’s 50-day moving average is $15.20 and its 200-day moving average is $14.89. Blackrock New York Municipal Income Trst has a 12 month low of $13.29 and a 12 month high of $15.91.
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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.
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