BlackRock Debt Strategies Fund, Inc. (DSU) To Go Ex-Dividend on December 16th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0987 per share by the financial services provider on Monday, December 23rd. This represents a $1.18 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date of this dividend is Monday, December 16th.

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

BlackRock Debt Strategies Fund Price Performance

NYSE:DSU traded up $0.10 during mid-day trading on Friday, hitting $10.93. 244,927 shares of the stock traded hands, compared to its average volume of 168,033. The business’s 50-day moving average price is $10.88 and its 200 day moving average price is $10.90. BlackRock Debt Strategies Fund has a 12-month low of $10.11 and a 12-month high of $11.40.

About BlackRock Debt Strategies Fund

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.