Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 0.1098 per share by the closed-end fund on Monday, June 30th. This represents a $1.32 dividend on an annualized basis and a yield of 9.85%. The ex-dividend date of this dividend is Tuesday, June 17th.
Special Opportunities Fund has decreased its dividend by an average of 3.4% per year over the last three years.
Special Opportunities Fund Price Performance
Special Opportunities Fund stock opened at $13.37 on Tuesday. The firm has a 50 day simple moving average of $15.19 and a 200-day simple moving average of $14.89. Special Opportunities Fund has a 1-year low of $12.00 and a 1-year high of $15.87.
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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