BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.06 on November 30th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.061 per share by the investment management company on Thursday, November 30th. This represents a $0.73 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Tuesday, November 14th.

BlackRock Floating Rate Income Strategies Fund has decreased its dividend by an average of 7.2% per year over the last three years.

Shares of BlackRock Floating Rate Income Strategies Fund (NYSE FRA) opened at $13.99 on Monday. BlackRock Floating Rate Income Strategies Fund has a 1 year low of $13.38 and a 1 year high of $14.85.

ILLEGAL ACTIVITY NOTICE: “BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.06 on November 30th” was originally published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.themarketsdaily.com/2017/11/13/blackrock-floating-rate-income-strategies-fund-inc-fra-to-issue-monthly-dividend-of-0-06-on-november-30th.html.

About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.

Dividend History for BlackRock Floating Rate Income Strategies Fund (NYSE:FRA)

Receive News & Ratings for BlackRock Floating Rate Income Strategies Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Floating Rate Income Strategies Fund Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply