RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a dividend on Wednesday, January 15th,investing.com reports. Investors of record on Thursday, January 16th will be paid a dividend of 0.095 per share on Friday, January 31st. This represents a dividend yield of 13.72%. The ex-dividend date of this dividend is Wednesday, January 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has raised its dividend by an average of 8.2% annually over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance
Shares of OPP stock opened at $8.32 on Thursday. The firm has a fifty day moving average of $8.45 and a two-hundred day moving average of $8.73. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $8.11 and a 1-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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