BlackRock Debt Strategies Fund, Inc. (DSU) to Issue Monthly Dividend of $0.07 on May 31st

BlackRock Debt Strategies Fund, Inc. (DSU) to Issue Monthly Dividend of $0.07 on  May 31st

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Tuesday, May 2nd. Shareholders of record on Monday, May 15th will be given a dividend of 0.0685 per share by the financial services provider on Wednesday, May 31st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Thursday, May 11th.

BlackRock Debt Strategies Fund has decreased its dividend payment by an average of 9.9% annually over the last three years.

BlackRock Debt Strategies Fund (NYSE:DSU) traded up 0.43% during midday trading on Friday, hitting $11.76. The company’s stock had a trading volume of 121,505 shares. BlackRock Debt Strategies Fund has a 52-week low of $3.45 and a 52-week high of $11.78. The stock has a 50 day moving average of $11.55 and a 200 day moving average of $10.22.

About BlackRock Debt Strategies Fund

BlackRock Debt Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income by investing primarily in a diversified portfolio of the United States companies’ debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services or unrated debt instruments.

Related posts

Leave a Comment