Blackrock New York Municipal 2018 Term T (NYSE:BLH) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Tuesday, December 12th will be paid a dividend of 0.0166 per share by the financial services provider on Friday, December 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Monday, December 11th.
Blackrock New York Municipal 2018 Term T has decreased its dividend by an average of 26.4% annually over the last three years.
Shares of Blackrock New York Municipal 2018 Term T (NYSE BLH) opened at $14.78 on Wednesday. Blackrock New York Municipal 2018 Term T has a 12-month low of $14.72 and a 12-month high of $15.03.
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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