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Blackrock NY Municipalome Tr (Blackrock NY Municipalome Tr) Dividend Yield %

: 4.17% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Blackrock NY Municipalome Tr is 4.17%.

Warning Sign:

Blackrock NY Municipal Income Tr stock dividend yield is close to 2-year low.

The historical rank and industry rank for Blackrock NY Municipalome Tr's Dividend Yield % or its related term are showing as below:

BNY' s Dividend Yield % Range Over the Past 10 Years
Min: 3.61   Med: 4.62   Max: 6.77
Current: 4.17

During the past 7 years, the highest Dividend Yield of Blackrock NY Municipalome Tr was 6.77%. The lowest was 3.61%. And the median was 4.62%.

BNY's Dividend Yield % is ranked worse than
66.8% of 1217 companies
in the Asset Management industry
Industry Median: 5.66 vs BNY: 4.17

Blackrock NY Municipalome Tr's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock NY Municipal Income Tr is 1.31, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Blackrock NY Municipalome Tr was 5.19. The lowest was 0.49. And the median was 0.83.

As of today (2024-04-19), the Forward Dividend Yield % of Blackrock NY Municipalome Tr is 5.01%.

Blackrock NY Municipalome Tr's Dividends per Share for the six months ended in Jan. 2024 was $0.22.

During the past 12 months, Blackrock NY Municipalome Tr's average Dividends Per Share Growth Rate was -21.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock NY Municipalome Tr was 5.00% per year. The lowest was -9.80% per year. And the median was -3.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Blackrock NY Municipalome Tr Dividend Yield % Historical Data

The historical data trend for Blackrock NY Municipalome Tr's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackrock NY Municipalome Tr Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Dividend Yield %
Premium Member Only Premium Member Only 3.87 3.99 4.25 5.48 4.18

Blackrock NY Municipalome Tr Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 5.48 4.76 4.18 3.78

Competitive Comparison

For the Asset Management subindustry, Blackrock NY Municipalome Tr's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackrock NY Municipalome Tr Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Blackrock NY Municipalome Tr's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Blackrock NY Municipalome Tr's Dividend Yield % falls into.



Blackrock NY Municipalome Tr Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Blackrock NY Municipalome Tr Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0432024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-10-132023-10-162023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-06-142023-06-152023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0312023-05-122023-05-152023-06-01Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Blackrock NY Municipalome Tr's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.432/10.29
=4.20 %

Current Share Price is $10.29.
Blackrock NY Municipalome Tr's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.432.

Blackrock NY Municipalome Tr's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.516/10.29
=5.01 %

Current Share Price is $10.29.
Blackrock NY Municipalome Tr's Dividends per Share for the forward twelve months is calculated as $0.043 * 12 = $0.516.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackrock NY Municipalome Tr  (NYSE:BNY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Blackrock NY Municipalome Tr Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Blackrock NY Municipalome Tr's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock NY Municipalome Tr (Blackrock NY Municipalome Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock NY Municipal Income Tr has an investment objective to provide current income exempt from regular U.S. federal income tax and New York State and New York City personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from U.S. federal income taxes and New York State and New York City personal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255