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

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders 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 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% annually over the last three years.

DoubleLine Yield Opportunities Fund Trading Down 0.2 %

Shares of DoubleLine Yield Opportunities Fund stock traded down $0.04 on Wednesday, hitting $16.07. 86,452 shares of the company traded hands, compared to its average volume of 145,410. The business has a 50-day simple moving average of $16.14 and a 200 day simple moving average of $16.18. DoubleLine Yield Opportunities Fund has a 52 week low of $14.96 and a 52 week high of $16.90.

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.