RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.095 per share on Monday, March 31st. This represents a $1.14 annualized dividend and a yield of 13.33%. The ex-dividend date is Friday, March 14th.
RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend by an average of 4.1% annually over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance
Shares of RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $8.55 on Monday. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $8.11 and a twelve month high of $9.30. The company’s fifty day moving average is $8.49 and its 200 day moving average is $8.75.
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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