BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) to Issue Monthly Dividend of $0.12

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.1238 per share by the investment management company on Monday, December 23rd. This represents a $1.49 dividend on an annualized basis and a yield of 10.41%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of FRA traded down $0.05 during mid-day trading on Friday, hitting $14.28. The stock had a trading volume of 238,028 shares, compared to its average volume of 150,955. The business has a fifty day moving average price of $13.91 and a 200-day moving average price of $13.40. BlackRock Floating Rate Income Strategies Fund has a 52 week low of $12.15 and a 52 week high of $14.50.

About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.