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

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.1238 per share by the investment management company on Friday, November 29th. This represents a $1.49 dividend on an annualized basis and a yield of 10.60%. The ex-dividend date is Friday, November 15th.

BlackRock Floating Rate Income Strategies Fund Price Performance

NYSE:FRA traded down $0.01 during trading hours on Wednesday, hitting $14.02. 109,951 shares of the stock traded hands, compared to its average volume of 151,174. BlackRock Floating Rate Income Strategies Fund has a 1 year low of $11.82 and a 1 year high of $14.22. The stock has a 50 day moving average price of $13.49 and a 200 day moving average price of $13.26.

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.