Blackrock New York Municipal Income Trst (BNY) to Issue Monthly Dividend of $0.05 on October 1st

Share on StockTwits

Blackrock New York Municipal Income Trst (NYSE:BNY) declared a monthly dividend on Tuesday, September 4th, NASDAQ reports. Investors of record on Friday, September 14th will be given a dividend of 0.045 per share by the financial services provider on Monday, October 1st. This represents a $0.54 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Thursday, September 13th.

Blackrock New York Municipal Income Trst has decreased its dividend by an average of 10.7% per year over the last three years.

NYSE:BNY traded down $0.06 during midday trading on Friday, reaching $12.46. The company had a trading volume of 27,451 shares, compared to its average volume of 25,219. Blackrock New York Municipal Income Trst has a 12-month low of $12.38 and a 12-month high of $15.44.

About Blackrock New York Municipal Income Trst

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.

Read More: What is Considered a Good Return on Equity (ROE)?

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

Receive News & Ratings for Blackrock New York Municipal Income Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock New York Municipal Income Trst and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply