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

DoubleLine Yield Opportunities Fund (NYSE:DLY) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 16th will be paid a dividend of 0.1167 per share on Friday, May 31st. This represents a $1.40 annualized dividend and a yield of 9.08%. The ex-dividend date is Wednesday, May 15th.

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

DoubleLine Yield Opportunities Fund Stock Up 1.0 %

Shares of NYSE:DLY traded up $0.15 during midday trading on Thursday, reaching $15.42. The company’s stock had a trading volume of 110,809 shares, compared to its average volume of 185,014. The stock has a fifty day moving average of $15.58 and a 200 day moving average of $15.01. DoubleLine Yield Opportunities Fund has a twelve month low of $13.41 and a twelve month high of $16.00.

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.