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

BlackRock Debt Strategies Fund logo with Finance background
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Key Points

  • Monthly dividend: BlackRock Debt Strategies Fund (NYSE:DSU) declared a monthly dividend of $0.0987 per share, payable April 30 to shareholders of record April 15, implying an annualized yield of about 12.1%.
  • Fund strategy and liquidity: DSU is a closed-end, multi-sector global fixed-income fund managed by BlackRock that invests in high-yield corporates, emerging markets debt, bank loans and securitized products, and as an interval fund offers quarterly liquidity for redemptions.
  • Price snapshot: Shares trade near $9.79 with a 50-day/200-day moving average of $9.85 and $10.13, and a 12‑month range of $9.31–$10.67.
  • MarketBeat previews the top five stocks to own by June 1st.

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) declared a monthly dividend on Friday, February 27th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.0987 per share by the financial services provider on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Wednesday, April 15th.

BlackRock Debt Strategies Fund Price Performance

Shares of DSU stock opened at $9.79 on Monday. The firm has a fifty day moving average of $9.85 and a 200-day moving average of $10.13. BlackRock Debt Strategies Fund has a 12-month low of $9.31 and a 12-month high of $10.67.

About BlackRock Debt Strategies Fund

(Get Free Report)

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.

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Dividend History for BlackRock Debt Strategies Fund (NYSE:DSU)

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