DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of May 2021. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of March 2021. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
On February 1, 2021, DoubleLine Inc Solns Fund (NYSE:DSL) announced shareholders can expect to receive a dividend payable on February 26, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. DoubleLine Inc Solns Fund, which has a current dividend per share of $0.11, has an ex-dividend date scheduled for February 10, 2021. That equates to a dividend yield of 7.98% at current price levels. What Is An Ex-Dividend Date? Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. DoubleLine Inc Solns Fund's Dividend History Over the past year, DoubleLine Inc Solns Fund has seen its dividend payouts and yields descend downward overall. Last year on November 10, 2020 the company's payout sat at $0.15, which has since decreased by $0.04. DoubleLine Inc Solns Fund's dividend yield last year was 11.75%, which has since declined by 3.77%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. Click here to find details on DoubleLine Inc Solns Fund's previous dividends. See more from BenzingaClick here for options trades from BenzingaSun Life Financial Earnings PreviewEx-Dividend Date Insight: S&T Bancorp© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.