BlackRock Floating Rate Income SFI (NYSE:FRA) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be paid a dividend of 0.069 per share by the investment management company on Friday, June 28th. This represents a $0.83 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Thursday, June 13th.
BlackRock Floating Rate Income SFI has raised its dividend by an average of 1.1% per year over the last three years.
Shares of BlackRock Floating Rate Income SFI stock traded up $0.08 on Wednesday, hitting $12.94. The company’s stock had a trading volume of 1,826 shares, compared to its average volume of 172,776. BlackRock Floating Rate Income SFI has a 1 year low of $11.63 and a 1 year high of $14.15.
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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.
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