BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) to Issue Monthly Dividend of $0.10

BlackRock Debt Strategies Fund, Inc. (NYSE:DSUGet Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, November 29th. This represents a $1.18 annualized dividend and a dividend yield of 10.91%. The ex-dividend date is Friday, November 15th.

BlackRock Debt Strategies Fund has raised its dividend payment by an average of 7.9% annually over the last three years.

BlackRock Debt Strategies Fund Price Performance

Shares of DSU traded down $0.03 during mid-day trading on Wednesday, hitting $10.86. The stock had a trading volume of 118,548 shares, compared to its average volume of 164,503. The company’s fifty day simple moving average is $10.95 and its two-hundred day simple moving average is $10.91. BlackRock Debt Strategies Fund has a fifty-two week low of $10.05 and a fifty-two week high of $11.40.

About BlackRock Debt Strategies Fund

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BlackRock Debt Strategies Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality.

See Also

Dividend History for BlackRock Debt Strategies Fund (NYSE:DSU)

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