What is BNY's current dividend yield?

BNY (BlackRock New York Municipal Income Trust) yields 6.00% based on an annual dividend of $0.61 per share at a stock price of $10.20. Dividends are paid quarterly.

How much does $10,000 in BNY generate in dividends?

$10,000 invested in BNY at 6.00% yield generates approximately $600.00 per year, or $50.00 per month in dividend income. With DRIP reinvestment, this compounds significantly over time.

How much does $50,000 in BNY pay in dividends?

$50,000 in BNY generates approximately $3000.00 per year at the current 6.00% yield.

Is BNY a good dividend stock in 2026?

BNY pays quarterly dividends with a 6.00% yield and 50% payout ratio. The 5-year dividend CAGR is 5%. The 50% payout ratio is considered sustainable. This is not financial advice.

Home › Calculator › BNY Dividend Calculator 2026

BNY Dividend DRIP Calculator 2026

6.00% YieldFinancial Services

BlackRock New York Municipal Income Trust · NYSE

Price: $10.20 · Annual div: $0.61/share · Frequency: quarterly · Payout ratio: 50% · Ex-div: TBD

Annual dividend

$0.61

per share

Forward yield

6.00%

at current price

1Y div growth

+0%

CAGR

5Y div growth

+14%

CAGR

Payout ratio

50%

Sustainable

Calculator settings

ACCOUNT TYPE

INITIAL INVESTMENT

MONTHLY CONTRIBUTION$0/mo

$0$500$1k$2k

INVESTMENT HORIZON10 years

1y10y20y30y

PRICE GROWTH / YEAR-11.8%

DIVIDEND GROWTH / YEAR14%

DRIP Reinvestment

Auto-reinvest all dividends

Monthly passive income

$1,445.78

after 10 years · DRIP ✓

Yield on cost: 173.49%

Annual dividend income

$17,349.32

after 10 years

Total dividends: $44.4K

Real Yield · Inflation Adjusted

+3.2%= 6.00% yield − 2.8% CPI

iCalculated by subtracting the current 12-month CPI (2.8%) from the forward yield. Yield exceeds inflation — purchasing power is growing.

Portfolio (DRIP)

$39.6K

Portfolio (no DRIP)

$16.1K

DRIP bonus

+$23.5K

Total return

+295.7%

📊 See how BNY actually performed since 2021 →

Real historical prices · DRIP simulation · DCA backtest

Last 5 Years →

Year-by-year projection

DRIP ON ✓ · Roth IRA / ISA

Year	Shares	Annual income	Monthly income	Portfolio value	Yield on cost	Cumul. dividends
1	1,056.42	$684.00	$57.00	$9,504	6.84%	$684
2	1,162.31	$840.23	$70.02	$9,223	8.4%	$1,524
3	1,312.90	$1,053.88	$87.82	$9,188	10.54%	$2,578
4	1,532.75	$1,357.07	$113.09	$9,461	13.57%	$3,935
5	1,864.50	$1,806.12	$150.51	$10,151	18.06%	$5,741
6	2,386.09	$2,504.62	$208.72	$11,458	25.05%	$8,246
7	3,248.85	$3,654.03	$304.50	$13,760	36.54%	$11,900
8	4,767.20	$5,671.78	$472.65	$17,808	56.72%	$17,572
9	7,646.85	$9,487.64	$790.64	$25,194	94.88%	$27,059
10	13,617.16	$17,349.32	$1,445.78	$39,571	173.49%	$44,409

Portfolio growth: DRIP vs No DRIP

Annual dividend income growth

💡 What-if scenarios

Click to apply scenario to the calculator

☕

Daily coffee money

+$150/mo for 15 years

$9.25M

$569,094.87/month income

DCA bonus vs no DCA: +$6.07M

📱

Skip one gadget/mo

+$100/mo for 20 years

$71563.82M

$5,429,254,791.75/month income

DCA bonus vs no DCA: +$40038.17M

🚀

Serious wealth mode

+$500/mo for 25 years

$796281184803.94M

$64,594,238,013,535,110.00/month income

DCA bonus vs no DCA: +$687945023542.22M

🎯 When BNY pays your bills

Year your monthly dividend income covers each expense (based on current settings)

📺

Netflix

$18/month

✓ Year 1

🎵

Spotify

$11/month

✓ Year 1

📱

Phone bill

$60/month

✓ Year 2

🛒

Gas & groceries

$300/month

✓ Year 7

🚗

Car payment

$500/month

✓ Year 9

🏠

Rent (avg US)

$1,500/month

Increase investment or time

🏝️

Financial freedom

$5,000/month

Increase investment or time

Share your BNY snowball 📈

$10,000 in BNY → $39.6K in 10 years · $1,445.78/month

Post on X

About BlackRock New York Municipal Income Trust (BNY) — Dividend Analysis 2026

BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.

Is BNY a good dividend investment in 2026?

BNY offers a 6.00% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 14% demonstrates strong, consistent growth that outpaces inflation.

BNY DRIP calculator — what's the difference?

With DRIP on a $10,000 investment over 10 years, your BNY portfolio grows to $39.6K vs $16.1K without reinvestment. This is the compound interest effect in action.

BNY dividend growth history & forecast

BNY has grown its dividend by 0% over the last year and 14% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.00%.

Compare BNY with similar stocks

⚖️ Compare BNY vs SCHD →

Expert Reviewed byVictor StrandVERIFIED

This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.

📬

Get Your Full BNY DRIP Report by Email

We'll send you a full breakdown of your projections, DRIP tips, and how to enable dividend reinvestment with your broker.

Free forever. No spam. Unsubscribe anytime.

Ready to invest? Open BNY position with:

🛡️ Dividend Safety Analysis

Strand Safety Score™ — BNY

Proprietary model · FCF Coverage (40) · Debt Leverage (30) · Earnings Momentum (30)

/100

High Risk

Cash Flow Coverage1.3× coverage

15 / 40 pts

15/40

FCF barely covers dividends (1.3×) — thin safety margin (FCF: $20M · Dividends est.: $15M)

Debt Leverage

0 / 30 pts

0/30

Company not generating EBITDA — debt servicing risk is elevated

Earnings Momentum-0.0B → +0.0B → -0.0B

15 / 30 pts

15/30

Net income grew in the latest year — positive but trend is unconfirmed

OVERALL ASSESSMENT

Dividend sustainability questionable — consider alternative income stocks.

STRAND SCORE

/100

Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.

🌍 BNY Yield by Country & Account Type

Real after-tax yield depends on where you live and how you hold BNY.

Gross yield

6.00%

Tax rate

15.00%

After-tax yield

5.10%

Real yield (−CPI)

2.30%

Account/Country	Tax Rate	After-tax Yield	Real Yield	$10K Annual Income
🇺🇸 Roth IRA / 401k	0%	6.00%	3.20%	$600 / yr
🇺🇸 US Taxable (15%) ✓	15%	5.10%	2.30%	$510 / yr
🇺🇸 US Taxable (20%)	20%	4.80%	2.00%	$480 / yr
🇬🇧 UK ISA	0%	6.00%	3.20%	$600 / yr
🇬🇧 UK Taxable	8.75%	5.47%	2.67%	$547 / yr
🇨🇦 TFSA	0%	6.00%	3.20%	$600 / yr
🇨🇦 CA Taxable	25%	4.50%	1.70%	$450 / yr
🇦🇺 Super (pension)	15%	5.10%	2.30%	$510 / yr
🇦🇺 AU Taxable	30%	4.20%	1.40%	$420 / yr
🇩🇪 DE Taxable	26.375%	4.42%	1.62%	$442 / yr
🇫🇷 FR Taxable	30%	4.20%	1.40%	$420 / yr

Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.

🎯 BNY Income Goal & Break-Even

Dividend Break-Even

11yr

Years for dividends to fully repay your BNY investment of $10.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)

$10K invested · 10 Years

Dividends earned (DRIP)

$31.2K

Lost to inflation (2.8% CPI)

−$2.5K

Real purchasing power gain

$28.8K

12-month CPI (US BLS via FMP economic-indicators).

How much do I need to invest in BNY for:

Shares needed

46,137

Capital required

$470,597

Monthly income

$2,000

Based on current dividend of $0.61/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).

📅 BNY Dividend Payment Schedule

BNY pays quarterly — 4 times per year. Next ex-div: TBD.

Jan

Feb

Mar

💰

Apr

May

Jun

💰

Jul

Aug

Sep

💰

Oct

Nov

Dec

💰

10 shares

$1.30 / payment

$5.20 / year after tax

100 shares

$13.00 / payment

$52.02 / year after tax

1,000 shares

$130.05 / payment

$520.20 / year after tax

📊 BNY vs Financial Services Benchmarks

How BNY compares to typical Financial Services averages.

Benchmark: Financial Services

Dividend Yield▲+3.10% vs sectorBetter

BNY

6.00%

avg

2.90%

5Y Dividend CAGR▲+6.90% vs sectorBetter

BNY

14.00%

avg

7.10%

Payout Ratio▼+12.00% vs sectorBelow avg

BNY

50.00%

avg

38.00%

Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for BNY sourced from FMP /financial-growth endpoint — real data, not estimates.

🏛️ BNY Insider Activity

No recent SEC filings reported in the last 90 days.

🔬

Financial Health Scores

Altman Z-Score

0.67

🔴 Distress Zone — elevated dividend cut risk

Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81

Piotroski F-Score

5/9

⚠️ Moderate fundamentals

Strong: 7–9 · Moderate: 4–6 · Weak: 0–3

Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.

📊 About This Data

Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.

🔄 Updated daily🔒 SEC EDGAR source✍️ Reviewed by Victor Strand

📊 Data via FMP🔒 SEC EDGAR🔄 Updated daily✍️ Reviewed by Victor Strand 📬 Report data error

Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the BNY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →