BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) To Go Ex-Dividend on April 15th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.1238 per share by the investment management company on Wednesday, April 30th. This represents a $1.49 annualized dividend and a yield of 12.64%. The ex-dividend date is Tuesday, April 15th.

BlackRock Floating Rate Income Strategies Fund Trading Down 7.5 %

Shares of BlackRock Floating Rate Income Strategies Fund stock opened at $11.75 on Friday. The stock has a 50 day moving average price of $12.93 and a 200-day moving average price of $13.43. BlackRock Floating Rate Income Strategies Fund has a one year low of $11.64 and a one year high of $14.50.

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.