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

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Wednesday, March 19th will be paid a dividend of 0.1167 per share on Monday, March 31st. This represents a $1.40 dividend on an annualized basis and a yield of 8.68%. The ex-dividend date of this dividend is Wednesday, March 19th.

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 1.1 %

Shares of NYSE DLY traded down $0.19 during trading on Tuesday, reaching $16.14. The company had a trading volume of 217,563 shares, compared to its average volume of 144,901. DoubleLine Yield Opportunities Fund has a 52 week low of $14.96 and a 52 week high of $16.90. The business’s 50 day moving average price is $16.04 and its 200-day moving average price is $16.22.

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.