DoubleLine Income Solutions Fund Announces Monthly Dividend of $0.11 (NYSE:DSL)

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.11 per share on Tuesday, December 31st. This represents a $1.32 annualized dividend and a yield of 10.26%. The ex-dividend date of this dividend is Wednesday, December 18th.

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

DoubleLine Income Solutions Fund Stock Performance

Shares of DSL traded up $0.01 during trading hours on Tuesday, hitting $12.86. 381,154 shares of the company were exchanged, compared to its average volume of 401,105. The firm has a fifty day simple moving average of $12.74 and a 200-day simple moving average of $12.70. DoubleLine Income Solutions Fund has a one year low of $11.79 and a one year high of $13.24.

DoubleLine Income Solutions Fund Company Profile

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.