BR-DEBT STRAT F (NYSE:DSU) Announces $0.07 Monthly Dividend
BR-DEBT STRAT F (NYSE:DSU) announced a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, August 15th will be paid a dividend of 0.0685 per share by the financial services provider on Thursday, August 31st. This represents a $0.82 annualized dividend and a dividend yield of 6.98%. The ex-dividend date is Friday, August 11th.
BR-DEBT STRAT F has decreased its dividend payment by an average of 9.9% annually over the last three years.
Shares of BR-DEBT STRAT F (DSU) traded up 0.26% during mid-day trading on Thursday, hitting $11.77. The stock had a trading volume of 176,562 shares. The firm’s 50-day moving average price is $11.62 and its 200 day moving average price is $11.59. BR-DEBT STRAT F has a 12-month low of $10.35 and a 12-month high of $11.82. The stock’s market cap is $715.06 million.
In related news, insider James Keenan bought 10,000 shares of the stock in a transaction that occurred on Wednesday, July 26th. The shares were acquired at an average price of $11.69 per share, with a total value of $116,900.00. Following the completion of the transaction, the insider now owns 46,325 shares in the company, valued at $541,539.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.00% of the stock is currently owned by insiders.
About BR-DEBT STRAT F
BlackRock Debt Strategies Fund, Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income by investing primarily in a diversified portfolio of the United States companies’ debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services or unrated debt instruments.
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