Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.0954 per share by the closed-end fund on Wednesday, July 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 8.58%. The ex-dividend date is Wednesday, July 17th.
Special Opportunities Fund has raised its dividend by an average of 16.5% annually over the last three years.
Special Opportunities Fund Price Performance
Shares of Special Opportunities Fund stock traded up $0.06 during trading on Wednesday, reaching $13.34. 6,189 shares of the company’s stock were exchanged, compared to its average volume of 24,417. Special Opportunities Fund has a 1-year low of $10.26 and a 1-year high of $13.35. The firm’s 50-day moving average price is $12.87 and its 200 day moving average price is $12.43.
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.
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