RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Declares Monthly Dividend of $0.16 (NYSE:OPP)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Wednesday, April 7th, Wall Street Journal reports. Stockholders of record on Wednesday, June 16th will be paid a dividend of 0.1586 per share on Wednesday, June 30th. This represents a $1.90 annualized dividend and a dividend yield of 12.46%. The ex-dividend date of this dividend is Tuesday, June 15th.

Shares of OPP remained flat at $$15.27 during midday trading on Wednesday. 129,861 shares of the stock traded hands, compared to its average volume of 108,090. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $12.15 and a 1-year high of $15.35. The company’s 50-day moving average is $14.89 and its 200 day moving average is $14.51.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

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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Dividend History for RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP)

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