BlackRock Floating Rate Income SFI (NYSE:FRA) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.069 per share by the investment management company on Friday, August 30th. This represents a $0.83 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Wednesday, August 14th.
BlackRock Floating Rate Income SFI has increased its dividend payment by an average of 1.1% annually over the last three years.
Shares of BlackRock Floating Rate Income SFI stock traded up $0.02 on Monday, hitting $12.68. The stock had a trading volume of 1,575 shares, compared to its average volume of 157,779. BlackRock Floating Rate Income SFI has a one year low of $11.63 and a one year high of $13.98. The firm has a 50-day moving average of $12.79.
BlackRock Floating Rate Income Strategies Fund, Inc 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 the United States. The fund invests in bonds of companies operating across diversified sectors.
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