DBL Ex-Dividend Reminder - 6/17/15

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/15, Doubleline Opportunistic Credit ( DBL) will trade ex-dividend, for its monthly dividend of $0.167, payable on 6/30/15. As a percentage of DBL's recent stock price of $23.12, this dividend works out to approximately 0.72%, so look for shares of Doubleline Opportunistic Credit to trade 0.72% lower — all else being equal — when DBL shares open for trading on 6/17/15.

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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 8.67% 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:

Doubleline Opportunistic Credit 200 Day Moving Average Chart

Looking at the chart above, DBL's low point in its 52 week range is $22.51 per share, with $26.51 as the 52 week high point — that compares with a last trade of $23.11.

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