BlackRock Debt Strategies Fund, Inc. (DSU) to Issue Monthly Dividend of $0.10 on February 28th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, February 28th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 11.02%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Debt Strategies Fund has raised its dividend payment by an average of 17.7% per year over the last three years.

BlackRock Debt Strategies Fund Price Performance

NYSE DSU opened at $10.75 on Wednesday. BlackRock Debt Strategies Fund has a 12 month low of $10.11 and a 12 month high of $11.40. The stock’s fifty day moving average price is $10.78 and its 200-day moving average price is $10.86.

BlackRock Debt Strategies Fund Company Profile

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.