DoubleLine Opportunistic Credit Fund Plans Monthly Dividend of $0.11 (NYSE:DBL)

DoubleLine Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Wednesday, February 18th will be given a dividend of 0.11 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Wednesday, February 18th.

DoubleLine Opportunistic Credit Fund Stock Down 0.1%

DoubleLine Opportunistic Credit Fund stock opened at $15.12 on Tuesday. DoubleLine Opportunistic Credit Fund has a 52 week low of $14.49 and a 52 week high of $16.01. The company has a 50 day moving average price of $15.25 and a 200 day moving average price of $15.37.

DoubleLine Opportunistic Credit Fund Company Profile

DoubleLine Opportunistic Credit Fund (NYSE: DBL) is a closed-end management investment company designed to seek high current income by investing across a broad spectrum of credit instruments. The fund pursues an opportunistic strategy, allocating capital to non-investment-grade debt obligations, leveraged loans, high-yield bonds, structured credit products and other credit-related securities. As part of its flexible mandate, the fund may employ derivatives and repurchase agreements to hedge risk, manage duration and enhance yield.