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

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/14, Doubleline Income Solutions Fund (DSL) will trade ex-dividend, for its monthly dividend of $0.15, payable on 8/29/14. As a percentage of DSL's recent stock price of $21.31, this dividend works out to approximately 0.70%, so look for shares of Doubleline Income Solutions Fund to trade 0.70% lower — all else being equal — when DSL shares open for trading on 8/13/14.

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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 8.45% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DSL shares, versus its 200 day moving average:

Doubleline Income Solutions Fund 200 Day Moving Average Chart

Looking at the chart above, DSL's low point in its 52 week range is $19.86 per share, with $22.73 as the 52 week high point — that compares with a last trade of $21.30.

According to the ETF Finder at ETF Channel, DSL makes up 1.94% of the PowerShares CEF Income Composite Portfolio ETF ( PCEF) which is trading higher by about 0.4% on the day Monday.

In Monday trading, Doubleline Income Solutions Fund shares are currently up about 0.4% on the day.

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