Special Opportunities Fund, Inc. (SPE) to Issue Monthly Dividend of $0.10 on October 31st

Special Opportunities Fund, Inc. (NYSE:SPE) announced a monthly dividend on Thursday, September 26th, NASDAQ reports. Stockholders of record on Tuesday, October 22nd will be paid a dividend of 0.0954 per share by the closed-end fund on Thursday, October 31st. This represents a $1.14 annualized dividend and a dividend yield of 8.22%. The ex-dividend date is Tuesday, October 22nd.

Special Opportunities Fund has increased its dividend payment by an average of 16.5% annually over the last three years.

Special Opportunities Fund Price Performance

Shares of Special Opportunities Fund stock opened at $13.92 on Friday. Special Opportunities Fund has a 1 year low of $10.26 and a 1 year high of $14.00. The stock has a 50-day moving average price of $13.58 and a 200 day moving average price of $13.08.

Special Opportunities Fund Company Profile

Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.