BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Announces $0.10 Monthly Dividend
by Teresa Graham · The Cerbat GemBlackRock Debt Strategies Fund, Inc. (NYSE:DSU – Get Free Report) declared a monthly dividend on Friday, February 27th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.0987 per share by the financial services provider on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Wednesday, April 15th.
BlackRock Debt Strategies Fund Price Performance
Shares of DSU stock opened at $9.79 on Monday. The firm has a fifty day moving average of $9.85 and a 200-day moving average of $10.13. BlackRock Debt Strategies Fund has a 12-month low of $9.31 and a 12-month high of $10.67.
About BlackRock Debt Strategies Fund
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.