Doubleline Opportunistic Credit Fund (NYSE:DBL) declared a monthly dividend on Wednesday, September 2nd, Wall Street Journal reports. Investors of record on Thursday, September 17th will be given a dividend of 0.11 per share by the investment management company on Wednesday, September 30th. This represents a $1.32 dividend on an annualized basis and a yield of 6.82%. The ex-dividend date of this dividend is Wednesday, September 16th.
Doubleline Opportunistic Credit Fund has decreased its dividend by 34.1% over the last three years and has increased its dividend every year for the last 1 years.
NYSE DBL opened at $19.35 on Tuesday. Doubleline Opportunistic Credit Fund has a twelve month low of $14.80 and a twelve month high of $21.30. The stock has a 50-day moving average of $19.38 and a 200 day moving average of $18.78.
Doubleline Opportunistic Credit Fund Company Profile
DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets. It invests in debt securities including residential and commercial mortgage-backed securities, asset-backed securities, U.S Government securities, corporate debt, international sovereign debt, and short-term investments.The fund benchmarks the performance of its portfolio against the Barclays Capital U.S.
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