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

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be given a dividend of 0.0987 per share by the financial services provider on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock Debt Strategies Fund Price Performance

Shares of BlackRock Debt Strategies Fund stock opened at $9.35 on Friday. BlackRock Debt Strategies Fund has a 12-month low of $9.31 and a 12-month high of $10.67. The company’s fifty day simple moving average is $9.49 and its two-hundred day simple moving average is $9.67.

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.