Blackrock Debt Strategies Fund (NYSE:DSU) declared a monthly dividend on Wednesday, May 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, May 15th will be given a dividend of 0.0685 per share by the financial services provider on Thursday, May 31st. This represents a $0.82 annualized dividend and a dividend yield of 7.20%. The ex-dividend date is Monday, May 14th.
Blackrock Debt Strategies Fund has decreased its dividend payment by an average of 5.9% annually over the last three years.
DSU stock opened at $11.41 on Wednesday. Blackrock Debt Strategies Fund has a fifty-two week low of $11.26 and a fifty-two week high of $11.85.
In other news, major shareholder Saba Capital Management, L.P. sold 143,283 shares of the stock in a transaction on Thursday, May 3rd. The stock was sold at an average price of $11.40, for a total transaction of $1,633,426.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 763,262 shares of company stock valued at $8,729,432 in the last quarter. 1.00% of the stock is owned by corporate insiders.
About Blackrock Debt Strategies Fund
There is no company description available for BlackRock Debt Strategies Fund Inc
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