SmarterDividends
DSU

BlackRock Debt Strategies Fund, Inc.

DSU

Financial Services · Stock · monthly payer

Forward Yield

12.18%

Annual Dividend

$1.18

Payout Ratio

172%

5-Yr Growth

6.9%

Ex-Date

Jun 15, 2026

Frequency

Monthly

DSU Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage172% of earnings paid out
Balance-sheet strengthDebt/equity of 0.18
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DSU a good dividend stock?

Mixed

BlackRock Debt Strategies Fund, Inc. (DSU) pays a monthly dividend yielding 12.18% ($1.18/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 6.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2021
  • Elevated payout ratio (172%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
12.18%
Payout Ratio
172%
Annual Dividend
$1.18
5-Yr Avg Growth
6.9%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
4
Frequency
monthly
Beta
0.49
Market Cap
$612.3M
P/E Ratio
14.1
5-Yr Total Return
-15%
52-Week Range
$9.31 – $10.67
Dividend Safety
C · 56/100
Ever Cut?
Yes (2021)
DSU ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.18 / yr per share

Per payment (monthly)$9.83
Annual$118.00
Monthly avg$9.83