BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 15th will be paid a dividend of 0.0685 per share by the financial services provider on Friday, June 29th. This represents a $0.82 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date of this dividend is Thursday, June 14th.
BlackRock Debt Strategies Fund has decreased its dividend by an average of 5.9% annually over the last three years.
DSU stock traded up $0.02 during mid-day trading on Friday, reaching $11.37. The company’s stock had a trading volume of 96,987 shares, compared to its average volume of 112,668. BlackRock Debt Strategies Fund has a 12 month low of $11.26 and a 12 month high of $11.85.
In other BlackRock Debt Strategies Fund news, major shareholder Saba Capital Management, L.P. sold 209,808 shares of BlackRock Debt Strategies Fund stock in a transaction that occurred on Thursday, April 19th. The stock was sold at an average price of $11.51, for a total value of $2,414,890.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders sold 816,661 shares of company stock valued at $9,338,180. 1.00% of the stock is currently owned by corporate insiders.
BlackRock Debt Strategies Fund Company Profile
There is no company description available for BlackRock Debt Strategies Fund Inc
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