BlackRock New York Municipal Income Trust (BNY) to Issue Monthly Dividend of $0.05 on February 2nd

BlackRock New York Municipal Income Trust (NYSE:BNY) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.051 per share by the financial services provider on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Tuesday, January 20th.

BlackRock New York Municipal Income Trust Stock Up 0.1%

NYSE BNY opened at $10.25 on Friday. The stock has a 50-day moving average of $10.18 and a two-hundred day moving average of $9.97. BlackRock New York Municipal Income Trust has a 1-year low of $9.30 and a 1-year high of $10.67.

BlackRock New York Municipal Income Trust Company Profile

BlackRock New York Municipal Income Trust (NYSE: BNY) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-exempt current income. The trust primarily invests in a diversified portfolio of investment-grade municipal securities issued by the State of New York, the City of New York and various local authorities and public agencies within New York State.

The portfolio typically includes general obligation bonds, revenue bonds, pre-refunded municipal obligations and other fixed-income instruments that offer credit support through dedicated revenue streams or pledged taxing authority.