Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Thursday, September 26th, NASDAQ reports. Investors of record on Tuesday, October 22nd will be paid a dividend of 0.0954 per share by the closed-end fund on Thursday, October 31st. This represents a $1.14 annualized dividend and a yield of 8.22%. The ex-dividend date of this dividend is Tuesday, October 22nd.
Special Opportunities Fund has raised its dividend payment by an average of 16.5% per year over the last three years.
Special Opportunities Fund Stock Up 0.3 %
SPE traded up $0.04 during trading on Friday, hitting $13.92. The company’s stock had a trading volume of 60,735 shares, compared to its average volume of 27,329. Special Opportunities Fund has a one year low of $10.26 and a one year high of $14.00. The business’s 50 day simple moving average is $13.58 and its 200-day simple moving average is $13.08.
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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