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Blackrock Floating Rate Income Strategies Fund Inc Stock Dividends Overview

FRA pays dividends monthly. Last paid amount was $0.124 at May 31, 2024. As of today, dividend yield (TTM) is 10.58%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 10.58%
Frequency Monthly
1Y Growth 5.85%
Payout Ratio 0
Amount Per Share $0.124
Blackrock Floating Rate Income Strategies Fund Inc has not yet announced its next dividend date. Last payment date was: May 31, 2024.

FRA Dividend Payout History

To ensure a understanding of FRA's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
201 Sep 04, 2007 Sep 12, 2007 Sep 28, 2007 $0.125 0.732%
202 Aug 01, 2007 Aug 13, 2007 Aug 31, 2007 $0.121 0.725%
203 Jul 02, 2007 Jul 12, 2007 Jul 31, 2007 $0.121 0.682%
204 Jun 01, 2007 Jun 13, 2007 Jun 29, 2007 $0.121 0.640%
205 May 01, 2007 May 11, 2007 May 31, 2007 $0.121 0.629%
206 Apr 02, 2007 Apr 12, 2007 Apr 30, 2007 $0.121 0.633%
207 Mar 01, 2007 Mar 13, 2007 Mar 30, 2007 $0.121 0.646%
208 Feb 01, 2007 Feb 13, 2007 Feb 28, 2007 $0.121 0.643%
209 Dec 21, 2006 Dec 27, 2006 Jan 09, 2007 $0.208 1.15%
210 Dec 05, 2006 Dec 08, 2006 Dec 19, 2006 $0.121 0.671%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (95.21%)

Growth potential

Stable (9.89%)

FRA Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FRA dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FRA stock here.

Comparing FRA to Sector and Country

FRA pays a solid dividend yield of 10.58%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). FRA’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.09%), which means that there are more attractive dividend stocks to consider.

FRA Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
FRA
Blackrock Floating Rate Income Strategies Fund Inc 460.133M $0.124 10.58% 49.50%
HPF
John Hancock Pfd Income Fund II 359.44M $0.124 9.53% 2,090.57%
ETO
Eaton Vance Tax-Advantage Global Dividend Opp 410.194M - 6.69% 46.93%

FAQ

What factors can affect the amount of FRA's dividend payments?
The amount of FRA's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FRA sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FRA stock be automatically reinvested?
If FRA offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FRA stock.

How often does FRA pay dividend?
Blackrock Floating Rate Income Strategies Fund Inc (FRA) pays dividends monthly. The most recent payout was on May 31, 2024.

How much does FRA pays per share?
The last recorder (May 14, 2024) dividend per share was $0.124.

What is FRA dividend growth rate?
Over the last year, Blackrock Floating Rate Income Strategies Fund Inc has witnessed growth rate of 5.85% . Looking back over the past 3 years, this growth rate has been 22.72%. Furthermore, examining the past 5 years, Blackrock Floating Rate Income Strategies Fund Inc has maintained an average Dividends Per Share Growth Rate of 12.09%.
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About Blackrock Floating Rate Income Strategies Fund Inc

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. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are ... FRA Profile

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