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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0987 per share by the financial services provider on Friday, February 28th. This represents a $1.18 annualized dividend and a yield of 11.02%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Debt Strategies Fund has increased its dividend by an average of 17.7% per year over the last three years.

BlackRock Debt Strategies Fund Trading Up 0.1 %

Shares of DSU opened at $10.75 on Wednesday. The firm has a fifty day simple moving average of $10.78 and a two-hundred day simple moving average of $10.86. BlackRock Debt Strategies Fund has a 1-year low of $10.11 and a 1-year high of $11.40.

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.