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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Shareholders of record on Friday, April 16th will be given a dividend of 0.1586 per share on Friday, April 30th. This represents a $1.90 annualized dividend and a dividend yield of 12.46%. The ex-dividend date is Thursday, April 15th.

NYSE:OPP opened at $15.27 on Thursday. The firm has a 50 day simple moving average of $14.90 and a 200-day simple moving average of $14.52. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $12.15 and a 1-year high of $15.35.

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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