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

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Wednesday, November 19th will be paid a dividend of 0.1167 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date is Wednesday, November 19th.

DoubleLine Yield Opportunities Fund Stock Performance

Shares of DLY traded down $0.08 during mid-day trading on Monday, hitting $14.69. 330,320 shares of the company’s stock were exchanged, compared to its average volume of 174,711. The firm has a fifty day moving average of $15.17 and a two-hundred day moving average of $15.33. DoubleLine Yield Opportunities Fund has a twelve month low of $13.69 and a twelve month high of $16.56.

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.