DoubleLine Income Solutions Fund (NYSE:DSL) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 14th will be paid a dividend of 0.15 per share on Friday, December 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.91%. The ex-dividend date of this dividend is Wednesday, December 13th.
DoubleLine Income Solutions Fund has raised its dividend payment by an average of 19.7% annually over the last three years.
Shares of DoubleLine Income Solutions Fund (NYSE DSL) traded up $0.04 during mid-day trading on Tuesday, hitting $20.20. The company’s stock had a trading volume of 419,200 shares, compared to its average volume of 371,617. DoubleLine Income Solutions Fund has a 52-week low of $18.31 and a 52-week high of $21.56.
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DoubleLine Income Solutions Fund Company Profile
DoubleLine Income Solutions Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income and its secondary objective is to seek capital appreciation. The Fund focuses on investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both.
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