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%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.

null

More from Stocks

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

Has Wall Street Completely Lost Its Mind on General Electric?

Has Wall Street Completely Lost Its Mind on General Electric?

Did Trump Just Torpedo the Stock Market Again?

Did Trump Just Torpedo the Stock Market Again?