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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Wednesday, February 19th will be given a dividend of 0.11 per share on Friday, February 28th. This represents a $1.32 dividend on an annualized basis and a yield of 10.29%. The ex-dividend date of this dividend is Wednesday, February 19th.

DoubleLine Income Solutions Fund has decreased its dividend by an average of 9.6% annually over the last three years.

DoubleLine Income Solutions Fund Price Performance

Shares of NYSE:DSL opened at $12.83 on Monday. The company’s fifty day moving average is $12.65 and its two-hundred day moving average is $12.74. DoubleLine Income Solutions Fund has a 12-month low of $11.85 and a 12-month 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.