BlackRock Debt Strategies Fund, Inc. (DSU) to Distribute Monthly Dividend of $0.10 on November 29th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0987 per share by the financial services provider on Friday, November 29th. This represents a $1.18 annualized dividend and a yield of 10.92%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Debt Strategies Fund has raised its dividend payment by an average of 7.9% per year over the last three years.

BlackRock Debt Strategies Fund Price Performance

Shares of DSU stock traded down $0.04 during trading hours on Wednesday, reaching $10.85. 122,754 shares of the company were exchanged, compared to its average volume of 164,567. BlackRock Debt Strategies Fund has a fifty-two week low of $10.05 and a fifty-two week high of $11.40. The stock’s fifty day moving average is $10.95 and its two-hundred day moving average is $10.91.

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.