DoubleLine Income Solutions Fund
DSLFinancial Services · Stock · monthly payer
Forward Yield
12.18%
Annual Dividend
$1.32
Payout Ratio
413%
5-Yr Growth
-5.7%
Ex-Date
Aug 19, 2026
Frequency
Monthly
Summary
As of August 2026, DoubleLine Income Solutions Fund (DSL) yields 12.18% ($1.32 per share annually), with a blended fair-value estimate of $14.15 — +31% upside, so it screens as undervalued. Dividend safety grade: C (55/100).
Is DSL a good dividend stock?
MixedDoubleLine Income Solutions Fund (DSL) pays a monthly dividend yielding 12.18% ($1.32/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (413%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 12.18%
- Payout Ratio
- 413%
- Annual Dividend
- $1.32
- 5-Yr Avg Growth
- -5.7%
- Ex-Dividend Date
- Aug 19, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $1.2B
- P/E Ratio
- 33.7
- 5-Yr Total Return
- -39%
- 52-Week Range
- $10.49 – $12.67
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
DSL Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
-8%
5 Years
-39%
52-Week Range
$10.49 – $12.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DSL worth?
Undervaluedmedium confidenceOur blended fair-value estimate for DoubleLine Income Solutions Fund is $14.15 per share, versus a market price of $10.84. That implies 31% of upside — a margin of safety of about 23%.
Fair Value
$14.15
Current Price
$10.84
Upside
+31%
Margin of Safety
23%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.32 EPS, $1.32 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DSL Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 15, 2026 | — | $0.1100 | regular |
| Jun 17, 2026 | — | $0.1100 | regular |
| May 13, 2026 | — | $0.1100 | regular |
| Apr 15, 2026 | — | $0.1100 | regular |
| Mar 18, 2026 | — | $0.1100 | regular |
| Feb 18, 2026 | — | $0.1100 | regular |
| Jan 14, 2026 | — | $0.1100 | regular |
| Dec 17, 2025 | — | $0.1100 | regular |
| Nov 19, 2025 | — | $0.1100 | regular |
| Oct 15, 2025 | — | $0.1100 | regular |
| Sep 17, 2025 | — | $0.1100 | regular |
| Aug 13, 2025 | — | $0.1100 | regular |
| Jul 16, 2025 | — | $0.1100 | regular |
| Jun 18, 2025 | — | $0.1100 | regular |
Income Calculator
At $1.32 / yr per share
