BlackRock Floating Rate Income Strat. Fn (NYSE:FRA) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date is Friday, October 13th.

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) traded up 0.07% during trading on Tuesday, hitting $14.37. The stock had a trading volume of 119,100 shares. BlackRock Floating Rate Income Strat. Fn has a one year low of $13.36 and a one year high of $14.85. The stock’s 50-day moving average price is $14.06 and its 200 day moving average price is $14.23.

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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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