BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Plans $0.12 Monthly Dividend

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given 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 dividend yield of 10.60%. The ex-dividend date is Friday, November 15th.

BlackRock Floating Rate Income Strategies Fund Price Performance

Shares of FRA stock traded down $0.01 during mid-day trading on Wednesday, hitting $14.02. The company had a trading volume of 109,951 shares, compared to its average volume of 151,174. The stock’s 50 day moving average price is $13.49 and its 200-day moving average price is $13.26. BlackRock Floating Rate Income Strategies Fund has a 52-week low of $11.82 and a 52-week 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.