BlackRock Floating Rate Income SFI (NYSE:FRA) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.069 per share by the investment management company on Wednesday, July 31st. This represents a $0.83 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Friday, July 12th.
BlackRock Floating Rate Income SFI has increased its dividend payment by an average of 1.1% per year over the last three years.
FRA opened at $12.84 on Wednesday. The company’s 50 day simple moving average is $12.85. BlackRock Floating Rate Income SFI has a one year low of $11.63 and a one year high of $14.04.
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.
Recommended Story: How much can an individual set aside as a catch-up contribution?
Receive News & Ratings for BlackRock Floating Rate Income SFI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Floating Rate Income SFI and related companies with MarketBeat.com's FREE daily email newsletter.