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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid 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 dividend 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% annually over the last three years.

BlackRock Debt Strategies Fund Stock Down 0.4 %

NYSE:DSU traded down $0.04 on Wednesday, reaching $10.85. The company’s stock had a trading volume of 122,754 shares, compared to its average volume of 164,567. The business’s 50-day moving average price is $10.95 and its two-hundred day moving average price is $10.91. BlackRock Debt Strategies Fund has a 1-year low of $10.05 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.