BlackRock Floating Rate Income Strategies Fund, Inc. Plans Monthly Dividend of $0.07 (NYSE:FRA)

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be given a dividend of 0.0667 per share by the investment management company on Friday, April 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date is Wednesday, April 14th.

Shares of FRA opened at $13.01 on Wednesday. The company’s fifty day moving average price is $12.95 and its 200 day moving average price is $12.27. BlackRock Floating Rate Income Strategies Fund has a one year low of $10.35 and a one year high of $13.14.

About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc operates as a closed-end investment fund. It intends to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting of floating rate debt securities and instruments.

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

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