BlackRock Debt Strategies Fund, Inc. (DSU) to Distribute Monthly Dividend of $0.10 on November 30th

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.0987 per share by the financial services provider on Monday, November 30th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 13.5%. The ex-dividend date is Friday, November 13th.

BlackRock Debt Strategies Fund Trading Down 0.8%

Shares of DSU opened at $8.76 on Wednesday. BlackRock Debt Strategies Fund has a fifty-two week low of $8.42 and a fifty-two week high of $10.40. The firm has a 50-day simple moving average of $8.90 and a 200-day simple moving average of $9.54.

About BlackRock Debt Strategies Fund

BlackRock Debt Strategies Fund is a closed-end investment fund managed by BlackRock. It seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests primarily in below-investment-grade debt, including senior secured loans and other floating-rate debt securities. Its portfolio may also include high-yield bonds and other debt instruments, with investments selected and managed to pursue the fund’s income objective. The fund’s investments are focused primarily on U.S. borrowers, though it may invest in debt issued by companies in other countries.