DoubleLine Income Solutions Fund (NYSE:DSL) to Issue Monthly Dividend of $0.15

DoubleLine Income Solutions Fund (NYSE:DSL) declared a monthly dividend on Monday, December 2nd, Zacks reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.15 per share on Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 9.07%. The ex-dividend date of this dividend is Wednesday, December 11th.

Shares of NYSE:DSL opened at $19.84 on Wednesday. DoubleLine Income Solutions Fund has a 12 month low of $16.11 and a 12 month high of $20.79. The business’s 50 day simple moving average is $19.94 and its 200-day simple moving average is $20.00.

Separately, Stifel Nicolaus cut shares of DoubleLine Income Solutions Fund from a “buy” rating to a “hold” rating in a research report on Friday, October 25th.

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.

Featured Story: What are the qualifications of a portfolio manager?

Dividend History for DoubleLine Income Solutions Fund (NYSE:DSL)

Receive News & Ratings for DoubleLine Income Solutions Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Income Solutions Fund and related companies with MarketBeat.com's FREE daily email newsletter.