BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.12 on February 28th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.1238 per share by the investment management company on Friday, February 28th. This represents a $1.49 dividend on an annualized basis and a yield of 11.32%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of FRA stock opened at $13.13 on Wednesday. BlackRock Floating Rate Income Strategies Fund has a 52 week low of $12.16 and a 52 week high of $14.50. The stock’s fifty day moving average is $13.55 and its 200-day moving average is $13.48.

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.