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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.0987 per share by the financial services provider on Monday, December 23rd. This represents a $1.18 dividend on an annualized basis and a yield of 10.84%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Debt Strategies Fund has increased its dividend by an average of 7.9% per year over the last three years.

BlackRock Debt Strategies Fund Stock Performance

Shares of BlackRock Debt Strategies Fund stock traded up $0.10 on Friday, hitting $10.93. 244,927 shares of the company traded hands, compared to its average volume of 168,033. BlackRock Debt Strategies Fund has a 12-month low of $10.11 and a 12-month high of $11.40. The firm’s 50-day simple moving average is $10.88 and its 200 day simple moving average is $10.90.

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.