BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Plans $0.12 Dividend

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.1238 per share by the investment management company on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.9 %

Shares of FRA traded down $0.12 during trading hours on Tuesday, reaching $12.95. 198,049 shares of the stock traded hands, compared to its average volume of 225,152. The company’s 50-day moving average price is $13.24 and its two-hundred day moving average price is $13.47. BlackRock Floating Rate Income Strategies Fund has a 52-week low of $12.16 and a 52-week 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.