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

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Tuesday, September 1st. Investors of record on Wednesday, September 16th will be given a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend is Wednesday, September 16th.

DoubleLine Income Solutions Fund Stock Performance

DSL traded down $0.06 during trading on Tuesday, hitting $10.58. 710,548 shares of the company traded hands, compared to its average volume of 567,700. The stock’s 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $10.94. DoubleLine Income Solutions Fund has a 1 year low of $10.49 and a 1 year high of $12.67.

DoubleLine Income Solutions Fund Company Profile

The DoubleLine Income Solutions Fund (NYSE: DSL) is a closed-end management investment company designed to deliver high current income and total return. The fund seeks to achieve its investment objective through monthly distributions of interest and dividend income, with the potential for capital appreciation. It trades on the New York Stock Exchange, offering investors convenient access to a diversified portfolio of fixed-income securities within a single listed vehicle.

The fund’s portfolio typically comprises a multi-sector mix of fixed-income instruments, including corporate bonds, mortgage-backed securities, asset-backed securities, municipal debt and emerging-market bonds.