Special Opportunities Fund, Inc. (SPE) to Issue Dividend of $0.11 on January 31st

Special Opportunities Fund, Inc. (NYSE:SPE) announced a dividend on Sunday, January 19th,investing.com reports. Shareholders of record on Wednesday, January 22nd will be paid a dividend of 0.1098 per share by the closed-end fund on Friday, January 31st. This represents a yield of 8.76%. The ex-dividend date is Tuesday, January 21st. This is a positive change from Special Opportunities Fund’s previous dividend of $0.10.

Special Opportunities Fund has increased its dividend by an average of 1.3% per year over the last three years.

Special Opportunities Fund Stock Up 0.3 %

Special Opportunities Fund stock traded up $0.04 during midday trading on Friday, reaching $15.05. The company’s stock had a trading volume of 37,361 shares, compared to its average volume of 33,587. Special Opportunities Fund has a fifty-two week low of $11.83 and a fifty-two week high of $15.74. The business has a 50-day simple moving average of $14.99 and a 200-day simple moving average of $14.24.

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.