DoubleLine Yield Opportunities Fund Announces Monthly Dividend of $0.12 (NYSE:DLY)

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.1167 per share on Wednesday, April 30th. This represents a $1.40 annualized dividend and a dividend yield of 8.71%. The ex-dividend date of this dividend is Wednesday, April 16th.

DoubleLine Yield Opportunities Fund has raised its dividend by an average of 1.2% per year over the last three years.

DoubleLine Yield Opportunities Fund Stock Performance

NYSE DLY opened at $16.07 on Thursday. The stock’s 50 day simple moving average is $16.15 and its 200 day simple moving average is $16.18. DoubleLine Yield Opportunities Fund has a one year low of $14.96 and a one year high of $16.90.

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.