Blackrock New York Municipal Income Trst (NYSE:BNY) announced a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Stockholders of record on Friday, July 14th will be given a dividend of 0.06 per share by the financial services provider on Tuesday, August 1st. This represents a $0.72 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Wednesday, July 12th.

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

Blackrock New York Municipal Income Trst (NYSE:BNY) traded up 0.07% during mid-day trading on Wednesday, hitting $14.95. The stock had a trading volume of 11,319 shares. Blackrock New York Municipal Income Trst has a 52 week low of $13.29 and a 52 week high of $16.87. The company’s market capitalization is $193.75 million. The stock’s 50-day moving average is $14.69 and its 200 day moving average is $14.39.

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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.

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

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