Blackrock New York Municipal 2018 Term T to Issue Monthly Dividend of $0.00 (BLH)
Blackrock New York Municipal 2018 Term T (NYSE:BLH) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be given a dividend of 0.0025 per share by the financial services provider on Thursday, February 1st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date of this dividend is Friday, January 12th.
Blackrock New York Municipal 2018 Term T has decreased its dividend payment by an average of 26.4% per year over the last three years.
Blackrock New York Municipal 2018 Term T (NYSE BLH) traded down $0.01 during trading on Tuesday, hitting $14.81. 21,600 shares of the company’s stock were exchanged, compared to its average volume of 4,507. Blackrock New York Municipal 2018 Term T has a 12-month low of $14.72 and a 12-month high of $15.03.
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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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