Blackrock New York Municipal Incme Tr II (NYSE:BFY) declared a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.049 per share on Wednesday, May 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date of this dividend is Friday, April 12th.

Blackrock New York Municipal Incme Tr II has decreased its dividend by an average of 7.4% per year over the last three years.

BFY stock opened at $13.59 on Thursday. Blackrock New York Municipal Incme Tr II has a 12 month low of $12.15 and a 12 month high of $13.68.

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About Blackrock New York Municipal Incme Tr II

BlackRock New York Municipal Income Trust II is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.

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