Doubleline Opportunistic Credit Fund common stock (NYSE:DBL) announced a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Shareholders of record on Thursday, September 20th will be paid a dividend of 0.167 per share by the investment management company on Friday, September 28th. This represents a $2.00 dividend on an annualized basis and a yield of 9.51%. The ex-dividend date is Wednesday, September 19th.
Shares of DBL opened at $21.08 on Thursday. Doubleline Opportunistic Credit Fund common stock has a one year low of $20.48 and a one year high of $24.69.
Doubleline Opportunistic Credit Fund common stock 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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