Doubleline Opportunistic Credit Fund (NYSE:DBL) announced a monthly dividend on Thursday, February 1st, Zacks reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.167 per share by the investment management company on Wednesday, February 28th. This represents a $2.00 annualized dividend and a dividend yield of 9.24%. The ex-dividend date of this dividend is Wednesday, February 14th.
Shares of Doubleline Opportunistic Credit Fund (DBL) opened at $21.69 on Friday. Doubleline Opportunistic Credit Fund has a fifty-two week low of $21.18 and a fifty-two week high of $26.09.
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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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