RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) to Issue Monthly Dividend of $0.09 on December 31st

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.0910 per share on Thursday, December 31st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 15.6%. The ex-dividend date is Tuesday, December 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $6.99 on Friday. RiverNorth/DoubleLine Strategic Opportunity Fund has a fifty-two week low of $6.82 and a fifty-two week high of $8.59. The firm’s fifty day moving average price is $7.38 and its 200-day moving average price is $7.57.

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. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc was formed on December 30, 2010 and is domiciled in the United States.