Ex-Div Reminder For BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)

Tickers in this article: FRA
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock Floating Rate Income Strategies Fund, Inc. FRA will trade ex-dividend, for its monthly dividend of $0.077, payable on 4/30/13. As a percentage of FRA's recent stock price of $16.07, this dividend works out to approximately 0.48%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for FRA, showing historical dividends prior to the most recent $0.077 declared by BlackRock Floating Rate Income Strategies Fund, Inc.:

FRA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FRA is likely to continue, and whether the current estimated yield of 5.75% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock Floating Rate Income Strategies Fund, Inc. shares are currently up about 0.1% on the day.