BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) announced a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Investors of record on Tuesday, August 15th will be given a dividend of 0.061 per share by the investment management company on Thursday, August 31st. This represents a $0.73 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Friday, August 11th.
BlackRock Floating Rate Income Strat. Fn has decreased its dividend payment by an average of 7.2% annually over the last three years.
BlackRock Floating Rate Income Strat. Fn (NYSE FRA) traded down 0.50% during midday trading on Thursday, reaching $14.03. 19,274 shares of the company were exchanged. BlackRock Floating Rate Income Strat. Fn has a 52 week low of $13.36 and a 52 week high of $14.85. The company has a 50-day moving average of $14.10 and a 200 day moving average of $14.40.
About BlackRock Floating Rate Income Strat. Fn
BlackRock Floating Rate Income Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting primarily of floating rate debt securities and instruments.
Receive News & Ratings for BlackRock Floating Rate Income Strat. Fn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Floating Rate Income Strat. Fn and related companies with MarketBeat.com's FREE daily email newsletter.