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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid 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 of this dividend 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 Stock Down 0.4 %

Shares of DSL opened at $12.63 on Friday. DoubleLine Income Solutions Fund has a 12-month low of $11.85 and a 12-month high of $13.24. The stock’s fifty day simple moving average is $12.67 and its 200-day simple moving average is $12.73.

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.