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

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Wednesday, February 19th will be paid a dividend of 0.1167 per share on Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 8.67%. The ex-dividend date of this dividend is Wednesday, February 19th.

DoubleLine Yield Opportunities Fund has raised its dividend by an average of 0.2% per year over the last three years.

DoubleLine Yield Opportunities Fund Stock Performance

Shares of NYSE DLY remained flat at $16.15 during trading hours on Tuesday. The stock had a trading volume of 81,805 shares, compared to its average volume of 130,618. The company’s 50 day simple moving average is $16.07 and its two-hundred 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.