BlackRock Debt Strategies Fund, Inc. (DSU) to Distribute Monthly Dividend of $0.10 on August 31st

BlackRock Debt Strategies Fund, Inc. (NYSE:DSU) announced a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be given a dividend of 0.0987 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock Debt Strategies Fund Stock Performance

DSU stock opened at $9.54 on Wednesday. The company’s 50 day moving average price is $9.61 and its 200 day moving average price is $9.78. BlackRock Debt Strategies Fund has a fifty-two week low of $9.31 and a fifty-two week high of $10.67.

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.