Blackrock New York Municipal Income Trst (NYSE:BNY) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Monday, October 16th will be given 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% per year over the last three years.

Shares of Blackrock New York Municipal Income Trst (BNY) traded down 0.07% during midday trading on Tuesday, reaching $15.16. 13,127 shares of the company’s stock traded hands. Blackrock New York Municipal Income Trst has a 52-week low of $13.29 and a 52-week high of $16.10. The stock’s 50 day moving average price is $15.19 and its 200 day moving average price is $14.87.

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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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