Blackrock New York Municipal 2018 Term T (NYSE:BLH) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be given a dividend of 0.0025 per share by the financial services provider on Thursday, March 1st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date is Wednesday, February 14th.
Blackrock New York Municipal 2018 Term T has decreased its dividend by an average of 23.2% per year over the last three years.
Shares of Blackrock New York Municipal 2018 Term T (NYSE BLH) opened at $14.74 on Friday. Blackrock New York Municipal 2018 Term T has a one year low of $14.66 and a one year 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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