RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) declared a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be given a dividend of 0.095 per share on Friday, May 30th. This represents a dividend yield of 13.45%. The ex-dividend date is Thursday, May 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend by an average of 5.5% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 0.5%
Shares of NYSE OPP traded up $0.04 during trading hours on Tuesday, reaching $8.52. The stock had a trading volume of 7,273 shares, compared to its average volume of 111,786. The business’s fifty day moving average price is $8.42 and its two-hundred day moving average price is $8.48. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52-week low of $7.91 and a 52-week high of $9.30.
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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