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

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, March 19th will be given 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 is Wednesday, March 19th.

DoubleLine Yield Opportunities Fund has raised its dividend payment by an average of 1.2% per year over the last three years.

DoubleLine Yield Opportunities Fund Stock Down 1.1 %

DoubleLine Yield Opportunities Fund stock traded down $0.19 on Tuesday, reaching $16.14. 217,563 shares of the stock were exchanged, compared to its average volume of 144,901. DoubleLine Yield Opportunities Fund has a twelve month low of $14.96 and a twelve month high of $16.90. The firm has a fifty day moving average price of $16.04 and a two-hundred day moving average price of $16.22.

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.