BlackRock New York Insured Municipal Inc Announces Monthly Dividend of $0.04 (NYSE:BSE)
BlackRock New York Insured Municipal Inc (NYSE:BSE) announced a monthly dividend on Tuesday, December 10th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0405 per share on Tuesday, December 31st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Friday, December 13th.
Shares of BSE stock traded down $0.02 during mid-day trading on Wednesday, reaching $13.76. 7,227 shares of the stock traded hands, compared to its average volume of 11,411. The stock’s fifty day simple moving average is $13.67 and its two-hundred day simple moving average is $13.57. BlackRock New York Insured Municipal has a 1-year low of $11.91 and a 1-year high of $13.99.
In related news, insider (Tim) Carstens Timothy 2,913,027 shares of the stock in a transaction that occurred on Monday, November 25th.
BlackRock New York Municipal Income Quality Trust 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 investment grade municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.
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