DoubleLine Yield Opportunities Fund (DLY) to Issue Monthly Dividend of $0.12 on November 29th
by Jessica Moore · The Cerbat GemDoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.1167 per share on Friday, November 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.54%. The ex-dividend date is Wednesday, November 13th.
DoubleLine Yield Opportunities Fund has raised its dividend by an average of 10.1% annually over the last three years.
DoubleLine Yield Opportunities Fund Stock Up 0.9 %
Shares of DoubleLine Yield Opportunities Fund stock opened at $16.40 on Monday. DoubleLine Yield Opportunities Fund has a twelve month low of $14.10 and a twelve month high of $16.90. The firm’s 50-day moving average price is $16.34 and its 200 day moving average price is $16.02.
DoubleLine Yield Opportunities Fund Company Profile
DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.
The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.
The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.
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