RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Friday, January 3rd, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.095 per share on Monday, March 31st. This represents a $1.14 annualized dividend and a dividend yield of 13.02%. The ex-dividend date is Friday, March 14th.
RiverNorth/DoubleLine Strategic Opportunity Fund has raised its dividend by an average of 5.5% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $8.76 on Wednesday. The stock’s fifty day moving average price is $8.54 and its two-hundred day moving average price is $8.67. RiverNorth/DoubleLine Strategic Opportunity Fund has a one year low of $8.11 and a one year high of $9.30.
About RiverNorth/DoubleLine Strategic Opportunity Fund
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.
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