BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) to Issue Monthly Dividend of $0.12 on November 28th

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.1238 per share by the investment management company on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Friday, November 14th.

BlackRock Floating Rate Income Strategies Fund Stock Performance

NYSE:FRA traded up $0.01 during mid-day trading on Wednesday, hitting $12.37. The company’s stock had a trading volume of 8,552 shares, compared to its average volume of 138,852. The stock has a fifty day moving average of $12.84 and a 200-day moving average of $12.93. BlackRock Floating Rate Income Strategies Fund has a fifty-two week low of $10.90 and a fifty-two week high of $14.50.

About BlackRock Floating Rate Income Strategies Fund

BlackRock Floating Rate Income Strategies Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.