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

BlackRock Debt Strategies Fund logo with Finance background

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given 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 dividend yield of 11.29%. The ex-dividend date is Thursday, May 15th.

BlackRock Debt Strategies Fund has raised its dividend payment by an average of 16.3% per year over the last three years.

BlackRock Debt Strategies Fund Stock Up 0.6 %

NYSE DSU traded up $0.06 during midday trading on Friday, hitting $10.49. 105,976 shares of the company traded hands, compared to its average volume of 209,551. BlackRock Debt Strategies Fund has a 52 week low of $8.72 and a 52 week high of $11.19. The company's 50-day simple moving average is $10.23 and its 200-day simple moving average is $10.59.

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.

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

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