DoubleLine Opportunistic Credit Fund (NYSE:DBL) to Issue $0.11 Monthly Dividend

DoubleLine Opportunistic Credit Fund (NYSE:DBLGet Free Report) declared a monthly dividend on Monday, August 3rd. Investors of record on Wednesday, August 19th will be paid a dividend of 0.11 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Wednesday, August 19th.

DoubleLine Opportunistic Credit Fund Stock Up 0.4%

DBL stock opened at $14.10 on Tuesday. The company has a fifty day moving average price of $14.27 and a 200-day moving average price of $14.54. DoubleLine Opportunistic Credit Fund has a 52-week low of $13.95 and a 52-week high of $16.01.

DoubleLine Opportunistic Credit Fund Company Profile

(Get Free Report)

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.

Featured Articles

Dividend History for DoubleLine Opportunistic Credit Fund (NYSE:DBL)

Receive News & Ratings for DoubleLine Opportunistic Credit Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Opportunistic Credit Fund and related companies with MarketBeat.com's FREE daily email newsletter.