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

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.11 per share on Friday, January 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.45%. The ex-dividend date is Wednesday, January 15th.

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

DoubleLine Income Solutions Fund Trading Down 0.4 %

Shares of NYSE DSL traded down $0.05 during trading hours on Friday, hitting $12.63. The stock had a trading volume of 395,922 shares, compared to its average volume of 422,611. The firm’s 50-day moving average price is $12.67 and its two-hundred day moving average price is $12.72. DoubleLine Income Solutions Fund has a 52 week low of $11.85 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.