Doubleline Opportunistic Credit Fund (DBL) Declares $0.17 Monthly Dividend
Doubleline Opportunistic Credit Fund (NYSE:DBL) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 16th will be given a dividend of 0.167 per share by the investment management company on Thursday, November 30th. This represents a $2.00 dividend on an annualized basis and a yield of 8.75%. The ex-dividend date is Wednesday, November 15th.
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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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