BlackRock Debt Strategies Fund, Inc. Plans Monthly Dividend of $0.10 (NYSE:DSU)

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be given a dividend of 0.0987 per share by the financial services provider on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date is Friday, November 13th.

BlackRock Debt Strategies Fund Price Performance

Shares of DSU stock opened at $9.35 on Friday. The company’s 50 day moving average is $9.49 and its 200 day moving average is $9.67. BlackRock Debt Strategies Fund has a 52-week low of $9.31 and a 52-week high of $10.67.

BlackRock Debt Strategies Fund Company Profile

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.