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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be given a dividend of 0.0987 per share by the financial services provider on Monday, December 23rd. This represents a $1.18 annualized dividend and a yield of 10.84%. The ex-dividend date is Monday, December 16th.

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

BlackRock Debt Strategies Fund Trading Up 0.9 %

Shares of NYSE:DSU traded up $0.10 on Friday, hitting $10.93. The company had a trading volume of 244,927 shares, compared to its average volume of 168,033. The firm’s 50-day simple moving average is $10.88 and its two-hundred day simple moving average is $10.90. BlackRock Debt Strategies Fund has a 1 year low of $10.11 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.