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

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1167 per share on Friday, January 31st. This represents a $1.40 annualized dividend and a yield of 8.81%. The ex-dividend date is Wednesday, January 15th.

DoubleLine Yield Opportunities Fund has increased its dividend payment by an average of 10.1% annually over the last three years.

DoubleLine Yield Opportunities Fund Trading Down 0.3 %

DoubleLine Yield Opportunities Fund stock traded down $0.04 during midday trading on Friday, hitting $15.90. 194,983 shares of the company’s stock were exchanged, compared to its average volume of 170,792. DoubleLine Yield Opportunities Fund has a 12-month low of $14.57 and a 12-month high of $16.90. The firm’s 50 day simple moving average is $16.16 and its 200 day simple moving average is $16.17.

About DoubleLine Yield Opportunities Fund

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.