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

Special Opportunities Fund, Inc. (NYSE:SPE) announced a dividend on Sunday, October 20th, investing.com reports. Stockholders of record on Wednesday, October 23rd will be given a dividend of 0.0954 per share by the closed-end fund on Thursday, October 31st. This represents a dividend yield of 7.85%. The ex-dividend date of this dividend is Tuesday, October 22nd.

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

Special Opportunities Fund Trading Up 1.0 %

Special Opportunities Fund stock traded up $0.14 during midday trading on Friday, reaching $14.58. The company’s stock had a trading volume of 52,281 shares, compared to its average volume of 27,824. The stock’s 50-day simple moving average is $13.84 and its 200-day simple moving average is $13.27. Special Opportunities Fund has a 52-week low of $10.26 and a 52-week high of $14.58.

About Special Opportunities Fund

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.