DoubleLine Inc Solns Fund's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DoubleLine Inc Solns Fund (NYSE:DSL) announced a monthly dividend of 11 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DSL by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 11 cents lower on the ex-dividend date.
January 12, 2024 | 2:45 pm
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DoubleLine Inc Solns Fund (DSL) will pay an 11 cents per share dividend, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of DSL is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the stock price adjusts for the payout. This is a common occurrence and is typically priced into the stock by the market.
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