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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0987 per share by the financial services provider on Monday, March 31st. The ex-dividend date is Friday, March 14th.

BlackRock Debt Strategies Fund has increased its dividend by an average of 16.3% annually over the last three years.

BlackRock Debt Strategies Fund Price Performance

NYSE:DSU traded down $0.09 during trading hours on Tuesday, hitting $10.64. 254,640 shares of the company traded hands, compared to its average volume of 257,796. The firm’s 50-day simple moving average is $10.75 and its 200-day simple moving average is $10.84. BlackRock Debt Strategies Fund has a one year low of $10.11 and a one year 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.