BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) Plans $0.10 Monthly Dividend

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.0987 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date is Friday, February 13th.

BlackRock Debt Strategies Fund Trading Down 0.1%

Shares of NYSE:DSU opened at $10.14 on Wednesday. The stock has a fifty day simple moving average of $10.22 and a two-hundred day simple moving average of $10.36. BlackRock Debt Strategies Fund has a 12-month low of $8.72 and a 12-month high of $10.81.

BlackRock Debt Strategies Fund Company Profile

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.