Doubleline Income Solutions Fund About To Put More Money In Your Pocket (DSL)

Looking at the universe of stocks we cover at Dividend Channel, on 5/13/15, Doubleline Income Solutions Fund (DSL) will trade ex-dividend, for its monthly dividend of $0.15, payable on 5/29/15. As a percentage of DSL's recent stock price of $20.34, 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 5/13/15.

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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 8.85% 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 $18.62 per share, with $22.73 as the 52 week high point — that compares with a last trade of $20.37.

According to the ETF Finder at ETF Channel, DSL makes up 2.11% of the PowerShares CEF Income Composite Portfolio ETF ( PCEF) which is trading lower by about 0.1% on the day Monday.

In Monday trading, Doubleline Income Solutions Fund shares are currently off about 0.2% on the day.

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