Monthly Dividends Overview: Only 6% of dividend payers offer monthly dividends, which can help cover regular expenses like bills, contrasting with the more common quarterly or annual payments.
Investment Strategy: The author promotes investing in a portfolio of 19 monthly dividend payers yielding an average of 9.1%, which can generate significant passive income while preserving the original investment.
Highlight on DoubleLine Income Solutions Fund (DSL): DSL is presented as a top choice within the monthly payers, offering an 11.8% yield and allowing investors to receive substantial monthly payouts that can cover everyday expenses.
Financial Advice Shift: The article encourages readers to move away from traditional financial advice and consider monthly dividends as a reliable source of income, emphasizing the importance of diversification across various asset classes.
Wall Street analysts forecast DSL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DSL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast DSL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DSL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 11.380
Low
Averages
High
Current: 11.380
Low
Averages
High
No data
About DSL
DoubleLine Income Solutions Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income and its secondary objective is to seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. The Fund may invest in debt securities and other income-producing investments anywhere in the world, including in emerging markets. The Fund may invest in mortgage-backed securities of any kind and may invest without limit in securities rated below investment grade. The Fund may invest in asset-backed securities that are not mortgage-backed securities, and in pools of loans through mortgage- or other asset-backed securities where a trust or other entity issues interests in the loans. The investment advisor of the Fund is DoubleLine Capital LP.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
