BlackRock Muni New York Intr. Dur. Fnd. (MNE) Increases Dividend to $0.05 Per Share

BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.0505 per share by the investment management company on Thursday, March 1st. This represents a $0.61 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from BlackRock Muni New York Intr. Dur. Fnd.’s previous monthly dividend of $0.04.

BlackRock Muni New York Intr. Dur. Fnd. has decreased its dividend by an average of 12.8% per year over the last three years.

BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE) traded down $0.06 during midday trading on Monday, reaching $13.10. The company had a trading volume of 9,452 shares, compared to its average volume of 16,202. BlackRock Muni New York Intr. Dur. Fnd. has a fifty-two week low of $12.83 and a fifty-two week high of $14.45.

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BlackRock Muni New York Intr. Dur. Fnd. Company Profile

BlackRock Muni New York Intermediate Duration Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income exempt from federal income tax and New York State and New York City personal income taxes.

Dividend History for BlackRock Muni New York Intr. Dur. Fnd. (NYSE:MNE)

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