RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.1003 per share on Friday, August 30th. This represents a $1.20 annualized dividend and a yield of 13.42%. The ex-dividend date is Thursday, August 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend by an average of 4.1% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 1.0 %
NYSE:OPP opened at $8.97 on Tuesday. RiverNorth/DoubleLine Strategic Opportunity Fund has a fifty-two week low of $7.26 and a fifty-two week high of $8.99. The stock’s 50-day moving average is $8.70 and its two-hundred day moving average is $8.49.
RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile
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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