RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Plans Monthly Dividend of $0.10

by · The Cerbat Gem

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) declared a monthly dividend on Tuesday, October 1st,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.1003 per share on Friday, November 29th. This represents a $1.20 dividend on an annualized basis and a yield of 14.14%. The ex-dividend date is Friday, November 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend by an average of 4.1% annually over the last three years.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 0.1 %

NYSE:OPP traded up $0.01 during trading hours on Thursday, hitting $8.51. The company had a trading volume of 160,606 shares, compared to its average volume of 102,202. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1 year low of $7.78 and a 1 year high of $9.30. The company has a 50-day moving average of $8.93 and a 200 day moving average of $8.77.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

(Get Free Report)

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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