RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report)’s share price dropped 0.3% during trading on Friday . The company traded as low as $8.83 and last traded at $8.86. Approximately 71,835 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 93,884 shares. The stock had previously closed at $8.89.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
The stock’s 50-day moving average is $8.66 and its 200-day moving average is $8.48.
RiverNorth/DoubleLine Strategic Opportunity Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.1003 per share. This represents a $1.20 annualized dividend and a dividend yield of 13.58%. The ex-dividend date is Friday, September 13th.
Institutional Trading of RiverNorth/DoubleLine Strategic Opportunity Fund
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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