BlackRock Debt Strategies Fund, Inc. (DSU) To Go Ex-Dividend on December 22nd

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.0987 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Debt Strategies Fund Price Performance

DSU stock traded up $0.01 during midday trading on Friday, hitting $10.28. The stock had a trading volume of 167,114 shares, compared to its average volume of 216,455. The business has a 50-day moving average of $10.27 and a two-hundred day moving average of $10.44. BlackRock Debt Strategies Fund has a 52-week low of $8.72 and a 52-week high of $10.93.

About BlackRock Debt Strategies Fund

BlackRock Debt Strategies Fund, Inc (NYSE: DSU) is a diversified, closed-end management investment company designed to provide investors with a combination of current income and capital preservation. Managed by BlackRock Fund Advisors, the fund employs a multi-sector, global fixed-income strategy that seeks to deliver attractive risk-adjusted returns through a portfolio of debt instruments. As an interval fund, DSU offers quarterly liquidity to shareholders who wish to redeem shares at specified intervals.

The fund’s investment approach centers on allocation across various credit sectors, including high-yield corporate bonds, emerging markets debt, bank loans and securitized products.