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

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1167 per share on Friday, January 31st. This represents a $1.40 annualized dividend and a dividend yield of 8.81%. The ex-dividend date is Wednesday, January 15th.

DoubleLine Yield Opportunities Fund has increased its dividend payment by an average of 10.1% per year over the last three years.

DoubleLine Yield Opportunities Fund Price Performance

NYSE:DLY traded down $0.04 during trading hours on Friday, hitting $15.90. 194,983 shares of the stock were exchanged, compared to its average volume of 170,792. The firm’s fifty day moving average price is $16.16 and its 200 day moving average price is $16.17. DoubleLine Yield Opportunities Fund has a 52-week low of $14.57 and a 52-week high of $16.90.

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.