Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Doubleline Opportunistic Credit ( DBL) will trade ex-dividend, for its monthly dividend of $0.167, payable on 10/31/13. As a percentage of DBL's recent stock price of $22.95, this dividend works out to approximately 0.73%, so look for shares of Doubleline Opportunistic Credit to trade 0.73% lower — all else being equal — when DBL shares open for trading on 10/16/13.Below is a dividend history chart for DBL, showing historical dividends prior to the most recent $0.167 declared by Doubleline Opportunistic Credit: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DBL is likely to continue, and whether the current estimated yield of 8.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DBL shares, versus its 200 day moving average: Looking at the chart above, DBL's low point in its 52 week range is $21.50 per share, with $28.38 as the 52 week high point — that compares with a last trade of $22.95.
Earn a FREE $100 Membership to ValueForum, Just By Telling Us About Your Favorite Stock! (Offer ends 11/10/2013) In Monday trading, Doubleline Opportunistic Credit shares are currently down about 0.3% on the day.