BlackRock Debt Strategies Fund, Inc. (DSU) to Issue $0.07 Monthly Dividend

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) declared a monthly dividend on Monday, March 5th, Wall Street Journal reports. Stockholders of record on Thursday, March 15th will be paid a dividend of 0.0685 per share by the financial services provider on Thursday, March 29th. This represents a $0.82 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend is Wednesday, March 14th.

BlackRock Debt Strategies Fund has decreased its dividend payment by an average of 5.9% annually over the last three years.

How to Become a New Pot Stock Millionaire

Shares of BlackRock Debt Strategies Fund (NYSE:DSU) traded down $0.01 during trading on Tuesday, hitting $11.63. 4,126 shares of the stock traded hands, compared to its average volume of 206,916. BlackRock Debt Strategies Fund has a 1 year low of $11.23 and a 1 year high of $11.85.

In other news, major shareholder Saba Capital Management, L.P. sold 47,672 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $11.73, for a total value of $559,192.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 322,135 shares of company stock worth $3,780,765 in the last 90 days. Company insiders own 1.00% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “BlackRock Debt Strategies Fund, Inc. (DSU) to Issue $0.07 Monthly Dividend” was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.themarketsdaily.com/2018/03/13/blackrock-debt-strategies-fund-inc-dsu-to-issue-0-07-monthly-dividend.html.

BlackRock Debt Strategies Fund Company Profile

BlackRock Debt Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income by investing primarily in a diversified portfolio of the United States companies’ debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services or unrated debt instruments.

Dividend History for BlackRock Debt Strategies Fund (NYSE:DSU)

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

Leave a Reply