Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Wednesday, August 21st will be paid a dividend of 0.0954 per share by the closed-end fund on Friday, August 30th. This represents a $1.14 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date of this dividend is Wednesday, August 21st.
Special Opportunities Fund has raised its dividend payment by an average of 16.5% per year over the last three years.
Special Opportunities Fund Stock Performance
SPE stock traded up $0.02 during mid-day trading on Tuesday, reaching $13.75. The company had a trading volume of 27,708 shares, compared to its average volume of 25,218. Special Opportunities Fund has a one year low of $10.26 and a one year high of $13.90. The stock’s 50-day simple moving average is $13.32 and its two-hundred day simple moving average is $12.79.
About Special Opportunities Fund
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.
Recommended Stories
- Five stocks we like better than Special Opportunities Fund
- What is a Secondary Public Offering? What Investors Need to Know
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- What are earnings reports?
- Lowe’s Stock: Hold Now, Buy it When it Dips
- Why Are These Companies Considered Blue Chips?
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & Ratings for Special Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Special Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.