Polycrystalline samples Mn1–xGdxS and Mn1–xYbxS with a concentration x = 0.2, near the concentration of ion flow through the fcc lattice, are studied in order to determine fluctuations in the valence of the ytterbium ion on dielectric properties. Dielectric constant and dielectric losses were determined from measurements of capacitance and loss tangent in the frequency range 102–106 Hz at temperatures of 80–500 K without a magnetic field and in a magnetic field. The magnetic capacity and dielectric losses in the magnetic field of the sample were determined from the relative change in the real and imaginary parts of the dielectric constant of the sample in a magnetic field H = 12 kOe applied parallel to the capacitor plates. A temperature range with a sharp increase in dielectric constant and with a maximum dielectric loss has been discovered, which shifts with increasing frequency and magnetic field. An increase in dielectric constant and dielectric losses in a magnetic field above 170 K was found in Mn1-xYbxS. The increase in dielectric losses is explained by an increase in relaxation time, as a result of local deformations near ytterbium ions during valence fluctuations. The mechanism for reducing reactance in a magnetic field in Mn1–xYbxS at low frequencies due to capacitance, and at high frequencies due to inductance, has been determined. In the Mn0.8Gd0.2S compound, the imaginary part of the dielectric constant has two maxima. The low-temperature maximum shifts in a magnetic field towards high temperatures and is described in the model of localized electrons with freezing of dipole moments. Dielectric losses decrease in a magnetic field. The magnetic capacity decreases by an order of magnitude in Mn0.8Gd0.2S compared to Mn0.8Yb0.2S. The dielectric constant in both compounds is described in the Debye model with the activation dependence of the relaxation time on temperature, where the activation energies differ for ytterbium and gadolinium ions.