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

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Wednesday, February 19th will be given 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 is Wednesday, February 19th.

DoubleLine Yield Opportunities Fund has increased its dividend by an average of 0.2% annually over the last three years.

DoubleLine Yield Opportunities Fund Price Performance

Shares of DoubleLine Yield Opportunities Fund stock remained flat at $16.15 on Tuesday. The company had a trading volume of 81,805 shares, compared to its average volume of 130,618. The company has a fifty day simple moving average of $16.07 and a 200 day simple moving average of $16.18. DoubleLine Yield Opportunities Fund has a 12-month low of $14.96 and a 12-month 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.