DoubleLine Yield Opportunities Fund (NYSE:DLY – Get Free Report) announced a monthly dividend on Monday, November 4th, Wall Street Journal reports. Shareholders of record on Wednesday, November 13th will be paid 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 8.74%. The ex-dividend date of this dividend 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 Performance
NYSE DLY traded down $0.13 on Monday, reaching $16.02. The company’s stock had a trading volume of 265,922 shares, compared to its average volume of 156,509. DoubleLine Yield Opportunities Fund has a 52 week low of $14.02 and a 52 week high of $16.90. The business has a 50-day moving average price of $16.35 and a 200 day moving average price of $15.98.
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.
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