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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders 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 10.22%. The ex-dividend date of this dividend is Wednesday, October 16th.

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 Price Performance

DSL traded down $0.02 during trading on Wednesday, hitting $12.92. 48,836 shares of the company traded hands, compared to its average volume of 386,850. DoubleLine Income Solutions Fund has a one year low of $10.22 and a one year high of $13.24. The stock’s fifty day moving average is $12.84 and its 200 day moving average is $12.62.

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.