Blackrock New York Municipal 2018 Term T (NYSE:BLH) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Friday, September 15th will be paid a dividend of 0.0166 per share by the financial services provider on Monday, October 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Thursday, September 14th.
Blackrock New York Municipal 2018 Term T has decreased its dividend payment by an average of 26.4% annually over the last three years.
Blackrock New York Municipal 2018 Term T (NYSE:BLH) traded up 0.1336% during midday trading on Wednesday, reaching $14.9199. 9,160 shares of the company traded hands. Blackrock New York Municipal 2018 Term T has a 12 month low of $14.72 and a 12 month high of $15.12. The company’s 50-day moving average price is $14.90 and its 200 day moving average price is $14.89.
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Blackrock New York Municipal 2018 Term T Company Profile
BlackRock New York Municipal 2018 Term Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objectives seek to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objectives by investing, under normal market conditions, its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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