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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Wednesday, March 19th will be given a dividend of 0.11 per share on Monday, March 31st. This represents a $1.32 annualized dividend and a yield of 10.34%. The ex-dividend date of this dividend is Wednesday, March 19th.

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

DoubleLine Income Solutions Fund Stock Performance

Shares of NYSE DSL opened at $12.77 on Wednesday. The business’s 50-day moving average price is $12.67 and its two-hundred day moving average price is $12.75. DoubleLine Income Solutions Fund has a one year low of $11.85 and a one year 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.