Ex-Div Reminder For BlackRock New York Municipal Income Trust (BNY)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock New York Municipal Income Trust ( BNY) BNY will trade ex-dividend, for its monthly dividend of $0.069, payable on 5/1/13. As a percentage of BNY's recent stock price of $15.46, this dividend works out to approximately 0.45%.

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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:

BNY+Dividend+History+Chart

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 5.36% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock New York Municipal Income Trust shares are currently off about 0.1% on the day.
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