Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a dividend on Tuesday, October 22nd, investing.com reports. Stockholders of record on Wednesday, October 23rd will be paid a dividend of 0.0954 per share by the closed-end fund on Thursday, October 31st. This represents a dividend yield of 7.93%. The ex-dividend date of this dividend is Tuesday, October 22nd.
Special Opportunities Fund has increased its dividend by an average of 16.5% annually over the last three years.
Special Opportunities Fund Price Performance
NYSE SPE traded down $0.05 during trading hours on Tuesday, reaching $14.47. 51,206 shares of the company’s stock were exchanged, compared to its average volume of 28,381. Special Opportunities Fund has a one year low of $10.26 and a one year high of $14.83. The company’s 50-day moving average is $13.86 and its two-hundred day moving average is $13.29.
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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