BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, May 30th. This represents a $1.18 dividend on an annualized basis and a yield of 11.47%. The ex-dividend date of this dividend is Thursday, May 15th.
BlackRock Debt Strategies Fund has increased its dividend payment by an average of 16.3% annually over the last three years.
BlackRock Debt Strategies Fund Trading Down 0.4 %
NYSE DSU traded down $0.04 during trading hours on Monday, reaching $10.33. 182,495 shares of the stock traded hands, compared to its average volume of 208,224. The stock has a 50 day simple moving average of $10.26 and a two-hundred day simple moving average of $10.61. BlackRock Debt Strategies Fund has a 1 year low of $8.72 and a 1 year high of $11.19.
About BlackRock Debt Strategies Fund
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider BlackRock Debt Strategies Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock Debt Strategies Fund wasn't on the list.
While BlackRock Debt Strategies Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
