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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.0987 per share by the financial services provider on Wednesday, July 31st. The ex-dividend date is Monday, July 15th.

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

BlackRock Debt Strategies Fund Stock Up 0.3 %

Shares of DSU stock traded up $0.03 during trading on Tuesday, hitting $10.91. The company had a trading volume of 120,572 shares, compared to its average volume of 146,730. The stock’s 50-day moving average is $10.89 and its two-hundred day moving average is $10.91. BlackRock Debt Strategies Fund has a 52 week low of $9.75 and a 52 week high of $11.40.

BlackRock Debt Strategies Fund Company Profile

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.