RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.095 per share on Monday, March 31st. This represents a $1.14 annualized dividend and a dividend yield of 13.29%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth/DoubleLine Strategic Opportunity Fund has raised its dividend payment by an average of 4.1% annually over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
NYSE:OPP opened at $8.58 on Tuesday. RiverNorth/DoubleLine Strategic Opportunity Fund has a one year low of $8.11 and a one year high of $9.30. The business has a fifty day moving average price of $8.49 and a 200-day moving average price of $8.75.
About RiverNorth/DoubleLine Strategic Opportunity Fund
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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