BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) announced a monthly dividend on Wednesday, December 20th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.061 per share by the investment management company on Tuesday, January 9th. This represents a $0.73 annualized dividend and a yield of 5.28%. The ex-dividend date is Thursday, December 28th.

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

Shares of BlackRock Floating Rate Income Strat. Fn (NYSE FRA) opened at $13.87 on Thursday. BlackRock Floating Rate Income Strat. Fn has a 1-year low of $13.70 and a 1-year high of $14.85.

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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.

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

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