Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Monday, September 30th, Wall Street Journal reports. Investors of record on Tuesday, December 17th will be given a dividend of 0.0954 per share by the closed-end fund on Tuesday, December 31st. This represents a $1.14 dividend on an annualized basis and a yield of 8.23%. The ex-dividend date of this dividend is Tuesday, December 17th.
Special Opportunities Fund has raised its dividend payment by an average of 16.5% annually over the last three years.
Special Opportunities Fund Stock Down 0.1 %
Shares of Special Opportunities Fund stock opened at $13.91 on Tuesday. The company has a 50-day moving average of $13.59 and a two-hundred day moving average of $13.10. Special Opportunities Fund has a 12-month low of $10.26 and a 12-month high of $14.00.
Special Opportunities Fund Company Profile
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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