BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.12 on November 29th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.1238 per share by the investment management company on Friday, November 29th. This represents a $1.49 annualized dividend and a yield of 10.62%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Floating Rate Income Strategies Fund Trading Down 0.3 %

Shares of NYSE FRA traded down $0.04 during midday trading on Wednesday, reaching $13.99. The company had a trading volume of 123,769 shares, compared to its average volume of 151,221. The business’s 50-day simple moving average is $13.49 and its 200 day simple moving average is $13.26. BlackRock Floating Rate Income Strategies Fund has a 1 year low of $11.82 and a 1 year high of $14.22.

BlackRock Floating Rate Income Strategies Fund Company Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.