RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.1003 per share on Monday, September 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.08%. The ex-dividend date is Friday, September 13th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend payment by an average of 4.1% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Trading Up 1.1 %
NYSE OPP opened at $9.20 on Wednesday. RiverNorth/DoubleLine Strategic Opportunity Fund has a fifty-two week low of $7.26 and a fifty-two week high of $9.25. The stock has a 50 day simple moving average of $8.85 and a two-hundred day simple moving average of $8.59.
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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