Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, BlackRock New York Municipal Income Trust (BNY) will trade ex-dividend, for its monthly dividend of $0.069, payable on 7/1/13. As a percentage of BNY's recent stock price of $14.33, this dividend works out to approximately 0.48%.
Below is a dividend history chart for BNY, showing historical dividends prior to the most recent $0.069 declared by BlackRock New York Municipal Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BNY is likely to continue, and whether the current estimated yield of 5.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BNY shares, versus its 200 day moving average:Looking at the chart above, BNY's low point in its 52 week range is $13.72 per share, with $17.28 as the 52 week high point — that compares with a last trade of $14.33.
In Monday trading, BlackRock New York Municipal Income Trust shares are currently off about 0.7% on the day.