Blackrock Debt Strategies Fund to Issue Monthly Dividend of $0.07 (DSU)

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

Dividend History for Blackrock Debt Strategies Fund (NYSE:DSU)

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