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. Investors 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 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date is Wednesday, May 15th.

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

DoubleLine Yield Opportunities Fund Stock Up 1.9 %

NYSE:DLY opened at $15.71 on Friday. DoubleLine Yield Opportunities Fund has a twelve month low of $13.41 and a twelve month high of $16.00. The stock’s 50 day moving average price is $15.57 and its two-hundred day moving average price is $15.01.

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.