Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, August 21st will be given 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 dividend yield of 8.36%. The ex-dividend date of this dividend is Wednesday, August 21st.
Special Opportunities Fund has increased its dividend by an average of 16.5% annually over the last three years.
Special Opportunities Fund Stock Down 0.2 %
NYSE SPE opened at $13.70 on Monday. The company has a 50-day moving average price of $13.30 and a 200-day moving average price of $12.78. Special Opportunities Fund has a 52 week low of $10.26 and a 52 week high of $13.90.
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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