Doubleline Opportunistic Credit Fund (DBL) Announces $0.17 Monthly Dividend
Doubleline Opportunistic Credit Fund (NYSE:DBL) announced a monthly dividend on Friday, September 1st, NASDAQ reports. Stockholders of record on Thursday, September 14th will be given a dividend of 0.167 per share by the investment management company on Friday, September 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date of this dividend is Wednesday, September 13th.
Shares of Doubleline Opportunistic Credit Fund (NYSE DBL) opened at 24.45 on Friday. Doubleline Opportunistic Credit Fund has a 12-month low of $22.52 and a 12-month high of $27.69. The stock has a 50 day moving average of $24.56 and a 200-day moving average of $24.49.
About Doubleline Opportunistic Credit Fund
DoubleLine Opportunistic Credit Fund is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund may invest in debt securities and income-producing investments of any kind, including, without limitation, residential and commercial mortgage-backed securities, asset-backed securities, the United States Government securities, corporate debt, international sovereign debt and short-term investments.
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