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

DoubleLine Yield Opportunities Fund (NYSE:DLYGet Free Report) announced a monthly dividend on Thursday, February 1st, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.1167 per share on Thursday, February 29th. This represents a $1.40 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date is Wednesday, February 14th.

DoubleLine Yield Opportunities Fund has raised its dividend payment by an average of 11.7% annually over the last three years.

DoubleLine Yield Opportunities Fund Stock Down 0.1 %

NYSE:DLY opened at $15.53 on Tuesday. The business’s 50-day moving average price is $14.92 and its two-hundred day moving average price is $14.61. DoubleLine Yield Opportunities Fund has a twelve month low of $13.21 and a twelve month high of $15.73.

Hedge Funds Weigh In On DoubleLine Yield Opportunities Fund

Several institutional investors have recently modified their holdings of the company. Raymond James & Associates grew its position in DoubleLine Yield Opportunities Fund by 132.1% during the 1st quarter. Raymond James & Associates now owns 126,397 shares of the company’s stock worth $2,117,000 after acquiring an additional 71,946 shares during the last quarter. Invesco Ltd. lifted its holdings in DoubleLine Yield Opportunities Fund by 77.1% in the 1st quarter. Invesco Ltd. now owns 192,666 shares of the company’s stock worth $3,227,000 after buying an additional 83,880 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in DoubleLine Yield Opportunities Fund in the 1st quarter worth approximately $284,000. Royal Bank of Canada lifted its holdings in DoubleLine Yield Opportunities Fund by 6.1% in the 1st quarter. Royal Bank of Canada now owns 973,840 shares of the company’s stock worth $16,312,000 after buying an additional 55,990 shares during the period. Finally, Robinson Capital Management LLC lifted its holdings in DoubleLine Yield Opportunities Fund by 184.4% in the 1st quarter. Robinson Capital Management LLC now owns 36,168 shares of the company’s stock worth $621,000 after buying an additional 23,450 shares during the period.

DoubleLine Yield Opportunities Fund Company Profile

(Get Free Report)

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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Dividend History for DoubleLine Yield Opportunities Fund (NYSE:DLY)

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