BlackRock New York Municipal Income Trust Announces Monthly Dividend of $0.04 (NYSE:BNY)

BlackRock New York Municipal Income Trust (NYSE:BNY) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.043 per share by the financial services provider on Monday, June 3rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.88%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock New York Municipal Income Trust Stock Performance

Shares of NYSE BNY traded up $0.15 during mid-day trading on Friday, reaching $10.58. The company had a trading volume of 18,499 shares, compared to its average volume of 43,670. The company has a 50-day moving average price of $10.51 and a two-hundred day moving average price of $10.20. BlackRock New York Municipal Income Trust has a 1-year low of $8.60 and a 1-year high of $10.80.

BlackRock New York Municipal Income Trust Company Profile

BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.