BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) Declares Dividend of $0.12

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) announced a dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.1238 per share by the investment management company on Friday, August 30th. The ex-dividend date is Thursday, August 15th.

BlackRock Floating Rate Income Strategies Fund Stock Performance

Shares of FRA traded down $0.30 during mid-day trading on Friday, hitting $13.24. 325,217 shares of the company’s stock were exchanged, compared to its average volume of 161,028. The firm has a fifty day moving average of $13.20 and a two-hundred day moving average of $12.99. BlackRock Floating Rate Income Strategies Fund has a twelve month low of $11.45 and a twelve month high of $13.69.

BlackRock Floating Rate Income Strategies Fund Company Profile

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.