BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Announces Monthly Dividend of $0.12

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.1238 per share by the investment management company on Friday, November 29th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date is Friday, November 15th.

BlackRock Floating Rate Income Strategies Fund Stock Down 0.1 %

BlackRock Floating Rate Income Strategies Fund stock traded down $0.02 during mid-day trading on Wednesday, reaching $14.01. The company’s stock had a trading volume of 95,268 shares, compared to its average volume of 151,115. The firm’s fifty day moving average price is $13.49 and its two-hundred day moving average price is $13.26. BlackRock Floating Rate Income Strategies Fund has a 12-month low of $11.82 and a 12-month high of $14.22.

BlackRock Floating Rate Income Strategies Fund Company Profile

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.