BlackRock Floating Rate Income Strategies Fund, Inc.

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

BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) pays a monthly dividend yielding 13.56% ($1.49/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.

Key Data

Dividend Yield

13.56%

Payout Ratio

212%

Annual Dividend

$1.49

5-Yr Avg Growth

9.4%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

4

Frequency

monthly

Beta

0.41

Market Cap

$388.4M

P/E Ratio

15.7

5-Yr Total Return

-17%

52-Week Range

$10.50 – $13.41

Dividend Safety

C · 54/100

Ever Cut?

Yes (2021)

Frequently Asked Questions