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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0987 per share by the financial services provider on Monday, March 31st. This represents a $1.18 annualized dividend and a yield of 11.19%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Debt Strategies Fund has raised its dividend by an average of 16.3% per year over the last three years.

BlackRock Debt Strategies Fund Price Performance

NYSE DSU opened at $10.59 on Wednesday. BlackRock Debt Strategies Fund has a 12-month low of $10.11 and a 12-month high of $11.40. The firm has a 50-day moving average price of $10.73 and a two-hundred day moving average price of $10.84.

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.