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

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1238 per share by the investment management company on Friday, January 31st. This represents a $1.49 dividend on an annualized basis and a dividend yield of 11.19%. The ex-dividend date is Wednesday, January 15th.

BlackRock Floating Rate Income Strategies Fund Price Performance

FRA opened at $13.28 on Monday. The firm has a 50 day simple moving average of $13.97 and a 200 day simple moving average of $13.51. BlackRock Floating Rate Income Strategies Fund has a fifty-two week low of $12.15 and a fifty-two 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.