BlackRock New York Municipal Income Trust Announces $0.051 Dividend Payment

BlackRock New York Municipal Income Trust (NYSE:BNY) has declared a $0.051 dividend, payable on September 2, for shareholders of record on August 15, with an ex-dividend date of August 15. The dividend represents a yield of 6.42%.

BlackRock New York Municipal Income Trust (NYSE: BNY) has announced a dividend of $0.051 per share, payable on September 2, 2025, to shareholders of record as of August 15, 2025. The ex-dividend date is August 15, 2025 [1]. This dividend represents a yield of 6.42%, calculated based on the current share price.

The declaration follows a series of distributions announced by BlackRock for various closed-end funds. The municipal income funds, including BNY, have declared distributions with varying amounts and dates. For instance, BlackRock Municipal Income Trust (BFK) declared a distribution of $0.050000, and BlackRock MuniYield Quality Fund (MQY) declared $0.058000 [1].

The distributions are subject to change and are declared in compliance with the Investment Company Act of 1940. BlackRock has adopted a managed distribution plan for certain funds to support a level monthly distribution of income, capital gains, and/or return of capital. The July 2025 distribution for BNY was calculated based on the average net asset value from July 25, 2024, through July 24, 2025 [1].

Investors should note that the actual amounts and sources of distributions may change based on the fund's investment experience and tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year to report these distributions for federal income tax purposes.

References:
[1] https://www.morningstar.com/news/business-wire/20250801122748/distribution-dates-and-amounts-announced-for-certain-blackrock-closed-end-funds