Cash Dividend On The Way From Doubleline Income Solutions Fund (DSL)

Looking at the universe of stocks we cover at Dividend Channel, on 7/17/13, Doubleline Income Solutions Fund (DSL) will trade ex-dividend, for its monthly dividend of $0.15, payable on 7/31/13. As a percentage of DSL's recent stock price of $22.20, this dividend works out to approximately 0.68%, so look for shares of Doubleline Income Solutions Fund to trade 0.68% lower — all else being equal — when DSL shares open for trading on 7/17/13.

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Below is a dividend history chart for DSL, showing historical dividends prior to the most recent $0.15 declared by Doubleline Income Solutions Fund:

DSL+Dividend+History+Chart

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 8.11% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Doubleline Income Solutions Fund shares are currently down about 1.7% on the day.

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