BlackRock New York Insured Municipal Inc (NYSE:BSE) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be given a dividend of 0.041 per share on Monday, July 1st. This represents a $0.49 annualized dividend and a yield of 3.70%. The ex-dividend date is Thursday, June 13th.
BlackRock New York Insured Municipal has decreased its dividend payment by an average of 10.1% per year over the last three years.
NYSE:BSE traded up $0.13 during mid-day trading on Friday, hitting $13.30. 2,104 shares of the stock were exchanged, compared to its average volume of 11,472. BlackRock New York Insured Municipal has a fifty-two week low of $11.84 and a fifty-two week high of $13.39.
About BlackRock New York Insured Municipal
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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