Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a dividend on Monday, October 21st, 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 7.88%. The ex-dividend date of this dividend is Tuesday, October 22nd.
Special Opportunities Fund has raised its dividend payment by an average of 16.5% per year over the last three years.
Special Opportunities Fund Trading Down 0.4 %
Shares of NYSE SPE traded down $0.06 during midday trading on Monday, hitting $14.52. The company’s stock had a trading volume of 118,248 shares, compared to its average volume of 28,269. Special Opportunities Fund has a 1-year low of $10.26 and a 1-year high of $14.83. The firm’s fifty day moving average price is $13.84 and its 200-day moving average price is $13.27.
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.
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