BlackRock Debt Strategies Fund, Inc. (DSU) to Issue Monthly Dividend of $0.10 on September 30th

by · The Cerbat Gem

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU – Get Free Report) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0987 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date is Tuesday, September 15th.

BlackRock Debt Strategies Fund Stock Down 0.5%

Shares of NYSE DSU opened at $9.32 on Friday. The firm’s 50-day moving average price is $9.48 and its 200-day moving average price is $9.67. BlackRock Debt Strategies Fund has a 52-week low of $9.31 and a 52-week high of $10.67.

BlackRock Debt Strategies Fund Company Profile

(Get Free Report)

BlackRock Debt Strategies Fund, Inc (NYSE: DSU) is a diversified, closed-end management investment company designed to provide investors with a combination of current income and capital preservation. Managed by BlackRock Fund Advisors, the fund employs a multi-sector, global fixed-income strategy that seeks to deliver attractive risk-adjusted returns through a portfolio of debt instruments. As an interval fund, DSU offers quarterly liquidity to shareholders who wish to redeem shares at specified intervals.

The fund’s investment approach centers on allocation across various credit sectors, including high-yield corporate bonds, emerging markets debt, bank loans and securitized products.

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