RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.095 per share on Friday, January 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date of this dividend is Wednesday, January 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend payment by an average of 4.1% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
NYSE:OPP traded up $0.11 during trading hours on Friday, reaching $8.55. The company’s stock had a trading volume of 145,175 shares, compared to its average volume of 144,587. The stock has a 50 day moving average price of $8.49 and a two-hundred day moving average price of $8.75. RiverNorth/DoubleLine Strategic Opportunity Fund has a 12 month low of $8.11 and a 12 month high of $9.30.
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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