RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Plans $0.09 Monthly Dividend

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Wednesday, April 1st. Investors of record on Friday, May 15th will be given a dividend of 0.091 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Friday, May 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

OPP remained flat at $7.78 during trading on Wednesday. The company had a trading volume of 7,817 shares, compared to its average volume of 99,007. The company has a 50-day simple moving average of $7.74 and a 200-day simple moving average of $7.87. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $7.49 and a twelve month high of $8.82.

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. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc was formed on December 30, 2010 and is domiciled in the United States.