DoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 16th will be paid a dividend of 0.1167 per share on Friday, May 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.91%. The ex-dividend date of this dividend is Wednesday, May 15th.
DoubleLine Yield Opportunities Fund has increased its dividend payment by an average of 10.1% per year over the last three years.
DoubleLine Yield Opportunities Fund Price Performance
Shares of NYSE:DLY opened at $15.71 on Friday. DoubleLine Yield Opportunities Fund has a 52 week low of $13.41 and a 52 week high of $16.00. The company’s 50 day moving average is $15.57 and its two-hundred day moving average is $15.01.
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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