Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a dividend on Sunday, January 19th,investing.com reports. Stockholders of record on Wednesday, January 22nd will be given a dividend of 0.1098 per share by the closed-end fund on Friday, January 31st. This represents a dividend yield of 8.76%. The ex-dividend date of this dividend is Tuesday, January 21st. This is an increase from Special Opportunities Fund’s previous dividend of $0.10.
Special Opportunities Fund has increased its dividend by an average of 1.3% annually over the last three years.
Special Opportunities Fund Stock Up 0.3 %
Shares of SPE traded up $0.04 during mid-day trading on Friday, hitting $15.05. The company’s stock had a trading volume of 37,361 shares, compared to its average volume of 33,587. Special Opportunities Fund has a 1-year low of $11.83 and a 1-year high of $15.74. The firm has a 50-day simple moving average of $14.99 and a 200 day simple moving average of $14.24.
Special Opportunities Fund Company Profile
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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