Blackrock New York Municipal 2018 Term T (NYSE:BLH) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders 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 annualized dividend 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 23.2% annually over the last three years.
Shares of Blackrock New York Municipal 2018 Term T (NYSE:BLH) opened at $14.69 on Friday. Blackrock New York Municipal 2018 Term T has a 52 week low of $14.66 and a 52 week high of $15.00.
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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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