Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a dividend on Sunday, October 20th, investing.com reports. Shareholders 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 is Tuesday, October 22nd.
Special Opportunities Fund has raised its dividend by an average of 16.5% per year over the last three years.
Special Opportunities Fund Stock Up 1.0 %
Shares of NYSE SPE traded up $0.14 during midday trading on Friday, hitting $14.58. 52,281 shares of the company’s stock were exchanged, compared to its average volume of 27,824. The business’s fifty day moving average price is $13.84 and its two-hundred day moving average price is $13.27. Special Opportunities Fund has a 12-month low of $10.26 and a 12-month high of $14.58.
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.
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