BlackRock Debt Strategies Fund, Inc. (DSU) to Issue Monthly Dividend of $0.10 on June 30th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0987 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Monday, June 15th.

BlackRock Debt Strategies Fund Trading Up 0.3%

Shares of NYSE:DSU traded up $0.03 during midday trading on Friday, reaching $9.75. 282,003 shares of the company’s stock traded hands, compared to its average volume of 293,490. BlackRock Debt Strategies Fund has a one year low of $9.31 and a one year high of $10.67. The stock has a 50 day moving average of $9.81 and a 200 day moving average of $9.98.

BlackRock Debt Strategies Fund Company Profile

BlackRock Debt Strategies Fund, Inc (NYSE: DSU) is a diversified, closed-end management investment company designed to provide investors with a combination of current income and capital preservation. Managed by BlackRock Fund Advisors, the fund employs a multi-sector, global fixed-income strategy that seeks to deliver attractive risk-adjusted returns through a portfolio of debt instruments. As an interval fund, DSU offers quarterly liquidity to shareholders who wish to redeem shares at specified intervals.

The fund’s investment approach centers on allocation across various credit sectors, including high-yield corporate bonds, emerging markets debt, bank loans and securitized products.