BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.12 on December 23rd

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.1238 per share by the investment management company on Monday, December 23rd. This represents a $1.49 dividend on an annualized basis and a yield of 10.41%. The ex-dividend date is Monday, December 16th.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.3 %

Shares of NYSE FRA traded down $0.05 during mid-day trading on Friday, reaching $14.28. The company had a trading volume of 238,028 shares, compared to its average volume of 150,955. BlackRock Floating Rate Income Strategies Fund has a one year low of $12.15 and a one year high of $14.50. The business’s 50-day simple moving average is $13.91 and its 200 day simple moving average is $13.40.

About BlackRock Floating Rate Income Strategies Fund

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.