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.