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

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.1238 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Floating Rate Income Strategies Fund Stock Down 1.9 %

Shares of NYSE FRA traded down $0.26 during midday trading on Friday, reaching $13.46. 367,533 shares of the company traded hands, compared to its average volume of 279,316. BlackRock Floating Rate Income Strategies Fund has a 12 month low of $12.15 and a 12 month high of $14.50. The stock’s 50-day simple moving average is $14.01 and its 200-day simple moving average is $13.49.

BlackRock Floating Rate Income Strategies Fund Company Profile

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.