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

BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.1238 per share by the investment management company on Friday, January 31st. The ex-dividend date is Wednesday, January 15th.

BlackRock Floating Rate Income Strategies Fund Trading Down 1.9 %

Shares of NYSE FRA traded down $0.26 during mid-day trading on Friday, reaching $13.46. 367,533 shares of the company’s stock were exchanged, compared to its average volume of 279,316. The firm has a 50-day moving average price of $14.01 and a two-hundred day moving average price of $13.49. BlackRock Floating Rate Income Strategies Fund has a 52 week low of $12.15 and a 52 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.