Looking at the universe of stocks we cover at Dividend Channel, on 9/18/13, Doubleline Income Solutions Fund (DSL) will trade ex-dividend, for its monthly dividend of $0.15, payable on 9/30/13. As a percentage of DSL's recent stock price of $20.14, this dividend works out to approximately 0.74%, so look for shares of Doubleline Income Solutions Fund to trade 0.74% lower — all else being equal — when DSL shares open for trading on 9/18/13.
Below is a dividend history chart for DSL, showing historical dividends prior to the most recent $0.15 declared by Doubleline Income Solutions Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DSL is likely to continue, and whether the current estimated yield of 8.94% on annualized basis is a reasonable expectation of annual yield going forward.In Monday trading, Doubleline Income Solutions Fund shares are currently up about 0.6% on the day.
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