DoubleLine Income Solutions Fund (DSL) to Issue Monthly Dividend of $0.11 on October 31st

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Wednesday, October 16th will be paid a dividend of 0.11 per share on Thursday, October 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.15%. The ex-dividend date of this dividend is Wednesday, October 16th.

DoubleLine Income Solutions Fund has decreased its dividend by an average of 9.1% annually over the last three years.

DoubleLine Income Solutions Fund Stock Performance

DSL stock opened at $13.00 on Thursday. The business has a fifty day simple moving average of $12.85 and a 200-day simple moving average of $12.62. DoubleLine Income Solutions Fund has a 52 week low of $10.22 and a 52 week high of $13.24.

About DoubleLine Income Solutions Fund

DoubleLine Funds – DoubleLine Income Solutions Fund is a closed end fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in fixed income markets across the globe. It primarily invests in debt securities issued by domestic or foreign corporate or other issuers, obligations of foreign sovereigns or their agencies or instrumentalities, mortgage-backed securities, hybrid REIT securities that trade on an exchange, bank loans, municipal securities, and other debt securities issued by states or local governments and their agencies, authorities, and other government-sponsored enterprises.