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

Key Points

• BlackRock Debt Strategies Fund (NYSE:DSU) will issue a monthly dividend of $0.10, with shareholders of record on August 15th receiving the payment on August 29th.
• The fund has an annualized yield of 11.2% based on this dividend announcement.
• As of the latest trading session, DSU's stock price is $10.56, reflecting a slight decrease of 0.1%, with a 12-month trading range between $8.72 and $11.19.

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU - Get Free Report) announced a monthly dividend on Tuesday, August 5th, Wall Street Journal reports. Shareholders of record on Friday, August 15th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 11.2%. The ex-dividend date of this dividend is Friday, August 15th.

BlackRock Debt Strategies Fund Trading Down 0.2%

BlackRock Debt Strategies Fund stock traded down $0.02 during trading hours on Friday, reaching $10.56. 255,225 shares of the stock were exchanged, compared to its average volume of 283,155. BlackRock Debt Strategies Fund has a twelve month low of $8.72 and a twelve month high of $11.19. The stock has a 50 day moving average of $10.53 and a two-hundred day moving average of $10.45.

About BlackRock Debt Strategies Fund

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.