DoubleLine Yield Opportunities Fund (NYSE:DLY) to Issue Dividend Increase – $0.12 Per Share

DoubleLine Yield Opportunities Fund (NYSE:DLY) declared a monthly dividend on Tuesday, September 3rd, Zacks reports. Investors of record on Wednesday, September 18th will be paid a dividend of 0.117 per share on Monday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date of this dividend is Wednesday, September 18th. This is an increase from DoubleLine Yield Opportunities Fund’s previous monthly dividend of $0.12.

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

DoubleLine Yield Opportunities Fund Stock Down 0.3 %

NYSE DLY opened at $16.54 on Monday. The firm’s fifty day moving average price is $16.15 and its 200 day moving average price is $15.83. DoubleLine Yield Opportunities Fund has a 12 month low of $13.58 and a 12 month high of $16.64.

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.