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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.091 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 14.2%. The ex-dividend date is Tuesday, September 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

Shares of NYSE:OPP opened at $7.68 on Thursday. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $7.47 and a twelve month high of $8.82. The firm has a 50 day simple moving average of $7.67 and a 200-day simple moving average of $7.76.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

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.