RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1003 per share on Friday, November 29th. This represents a $1.20 annualized dividend and a dividend yield of 14.08%. The ex-dividend date is Friday, November 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend payment by an average of 4.1% annually over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Down 2.2 %
OPP opened at $8.55 on Wednesday. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52 week low of $7.78 and a 52 week high of $9.30. The business’s 50 day moving average is $8.95 and its two-hundred day moving average is $8.77.
About RiverNorth/DoubleLine Strategic Opportunity Fund
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.
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