BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) To Go Ex-Dividend on April 15th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.1238 per share by the investment management company on Wednesday, April 30th. This represents a $1.49 dividend on an annualized basis and a yield of 12.29%. The ex-dividend date is Tuesday, April 15th.

BlackRock Floating Rate Income Strategies Fund Trading Up 1.3 %

Shares of FRA stock opened at $12.10 on Friday. The company has a fifty day moving average price of $12.76 and a two-hundred day moving average price of $13.37. BlackRock Floating Rate Income Strategies Fund has a one year low of $10.90 and a one year high of $14.50.

About BlackRock Floating Rate Income Strategies Fund

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.