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FRA Dividend

BlackRock Floating Rate Income Strategies Fund, Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
14.15%
Annual dividend
$1.49
Payout ratio
2.90
Frequency
Monthly
Share price
$10.50
Market cap
$372M

Next payment

Ex-dividend date: Pay date: Amount: $0.1238

You must own the shares before the ex-dividend date to receive this payment.

Is FRA a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 14.15%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Paying out more than it earnsA payout ratio of 2.90 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • Dividend has been cut 9 timesAcross 22 complete years, the annual total fell in 2019, 2021, 2022 and earlier. The most recent reduction was in 2022.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

FRA dividend history

Annual dividend per share, 2004 to 2025.

2004200820122016202020242025
Peak $1.50 in 2008Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for FRA, most recent first.
Ex-dividend datePay dateAmountType
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
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$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1238Monthly
$0.1170Monthly
$0.1170Monthly
$0.1170Monthly

How much would FRA pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate FRA dividend income →

FRA appears in

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Frequently asked questions

Does FRA pay a dividend?
Yes. BlackRock Floating Rate Income Strategies Fund, Inc. pays a monthly dividend, currently yielding 14.15% based on trailing twelve-month payments of $1.49 per share.
How much does FRA pay in dividends?
$1.49 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next FRA ex-dividend date?
The next ex-dividend date on record is October 15, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.