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

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced 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 dividend on an annualized basis and a dividend yield of 10.60%. The ex-dividend date is Friday, November 15th.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.1 %

Shares of NYSE:FRA traded down $0.01 during trading on Wednesday, hitting $14.02. The stock had a trading volume of 102,159 shares, compared to its average volume of 151,160. BlackRock Floating Rate Income Strategies Fund has a 12 month low of $11.82 and a 12 month high of $14.22. The firm’s fifty day moving average is $13.49 and its 200 day moving average is $13.26.

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.