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

DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders 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 dividend yield of 10.41%. The ex-dividend date of this dividend is Wednesday, February 19th.

DoubleLine Income Solutions Fund has decreased its dividend payment by an average of 8.6% per year over the last three years.

DoubleLine Income Solutions Fund Trading Up 0.1 %

DoubleLine Income Solutions Fund stock traded up $0.02 during mid-day trading on Tuesday, hitting $12.69. The company had a trading volume of 514,918 shares, compared to its average volume of 355,778. DoubleLine Income Solutions Fund has a 12-month low of $11.85 and a 12-month high of $13.24. The company’s fifty day moving average is $12.66 and its 200-day moving average is $12.73.

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.