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DBL (Doubleline Opportunistic Credit Fund) 5-Year Dividend Growth Rate : -0.60% (As of Sep. 2024)


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What is Doubleline Opportunistic Credit Fund 5-Year Dividend Growth Rate?

Doubleline Opportunistic Credit Fund's Dividends per Share for the six months ended in Sep. 2024 was $0.66.

During the past 5 years, the average Dividends Per Share Growth Rate was -0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Doubleline Opportunistic Credit Fund was -1.40% per year. The lowest was -13.00% per year. And the median was -13.00% per year.

Doubleline Opportunistic Credit Fund's Dividend Payout Ratio for the six months ended in Sep. 2024 was 0.63. As of today, Doubleline Opportunistic Credit Fund's Dividend Yield % is 8.39%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Doubleline Opportunistic Credit Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Doubleline Opportunistic Credit Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Doubleline Opportunistic Credit Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Doubleline Opportunistic Credit Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Doubleline Opportunistic Credit Fund's 5-Year Dividend Growth Rate falls into.



Doubleline Opportunistic Credit Fund 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Doubleline Opportunistic Credit Fund  (NYSE:DBL) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Doubleline Opportunistic Credit Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.66/ 1.05
=0.63

During the past 8 years, the highest Dividend Payout Ratio of Doubleline Opportunistic Credit Fund was 10.15. The lowest was 0.50. And the median was 1.13.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Doubleline Opportunistic Credit Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1100002024-11-132024-11-132024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-10-162024-10-162024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-09-182024-09-182024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-08-142024-08-142024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-07-172024-07-172024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-06-122024-06-122024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-05-152024-05-162024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-04-172024-04-182024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-03-132024-03-142024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1100002024-01-172024-01-182024-01-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Doubleline Opportunistic Credit Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.21/15.737
=7.69 %

Current Share Price is $15.737.
Doubleline Opportunistic Credit Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.21.

During the past 8 years, the highest Dividend Yield of Doubleline Opportunistic Credit Fund was 10.86%. The lowest was 6.52%. And the median was 8.63%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Doubleline Opportunistic Credit Fund 5-Year Dividend Growth Rate Related Terms

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Doubleline Opportunistic Credit Fund Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. Its investment objective is to seek a high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund invests in debt securities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DBL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Andrew Hsu other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Ken Shinoda other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Henry V Chase officer: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071