Blackrock New York Municipal Income Trst (NYSE:BNY) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.0505 per share by the financial services provider on Thursday, March 1st. This represents a $0.61 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Wednesday, February 14th.
Blackrock New York Municipal Income Trst has decreased its dividend payment by an average of 10.7% annually over the last three years.
Shares of Blackrock New York Municipal Income Trst (NYSE:BNY) opened at $13.41 on Tuesday. Blackrock New York Municipal Income Trst has a fifty-two week low of $13.29 and a fifty-two week high of $15.50.
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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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