BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.061 per share by the investment management company on Tuesday, October 31st. This represents a $0.73 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Friday, October 13th.

BlackRock Floating Rate Income Strat. Fn has decreased its dividend by an average of 7.2% per year over the last three years.

BlackRock Floating Rate Income Strat. Fn (FRA) opened at 14.25 on Friday. BlackRock Floating Rate Income Strat. Fn has a 12-month low of $13.36 and a 12-month high of $14.85. The firm’s 50-day moving average is $14.09 and its 200 day moving average is $14.22.

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BlackRock Floating Rate Income Strat. Fn Company Profile

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.

Dividend History for BlackRock Floating Rate Income Strat. Fn (NYSE:FRA)

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