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

Key Points

• BlackRock Debt Strategies Fund, Inc. declared a monthly dividend of $0.10, with an ex-dividend date of September 15th and payment scheduled for September 30th, reflecting an annualized yield of 11.2%.
• As of mid-day trading, the fund's stock was priced at $10.60, with a trading volume of 61,436 shares compared to the average of 250,468 shares.
• The fund primarily invests in lower-rated debt instruments, including corporate loans, and is managed by BlackRock Advisors, LLC.

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) announced a monthly dividend on Tuesday, September 2nd. Stockholders of record on Monday, September 15th will be given a dividend of 0.0987 per share by the financial services provider on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date of this dividend is Monday, September 15th.

BlackRock Debt Strategies Fund Stock Performance

Shares of NYSE:DSU traded up $0.04 during trading on Monday, reaching $10.60. 193,994 shares of the company traded hands, compared to its average volume of 251,441. The company's 50 day moving average is $10.56 and its two-hundred day moving average is $10.43. BlackRock Debt Strategies Fund has a 52 week low of $8.72 and a 52 week high of $11.19.

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.