SmarterDividends
DLY

DoubleLine Yield Opportunities Fund

DLY

Financial Services · Stock · monthly payer

Forward Yield

10.07%

Annual Dividend

$1.40

Payout Ratio

241%

5-Yr Growth

0.0%

Ex-Date

Jun 17, 2026

Frequency

Monthly

DLY Dividend Safety Score

66/ 100
Grade B

Safe

Dividend-growth streak5 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage241% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DLY a good dividend stock?

Yes, with caveats

DoubleLine Yield Opportunities Fund (DLY) pays a monthly dividend yielding 10.07% ($1.40/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (241%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
10.07%
Payout Ratio
241%
Annual Dividend
$1.40
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Jun 17, 2026
Years of Growth
5
Frequency
monthly
Beta
Market Cap
$674.7M
P/E Ratio
24.0
5-Yr Total Return
-31%
52-Week Range
$13.51 – $15.80
Dividend Safety
B · 66/100
Ever Cut?
No
DLY ex-dividend date & scheduleNext ex-date Jun 17, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.40 / yr per share

Per payment (monthly)$11.67
Annual$140.00
Monthly avg$11.67