RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Plans Monthly Dividend of $0.10

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPPGet Free Report) declared a monthly dividend on Tuesday, October 1st,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.1003 per share on Friday, November 29th. This represents a $1.20 dividend on an annualized basis and a yield of 14.14%. The ex-dividend date is Friday, November 15th.

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 Stock Up 0.1 %

NYSE:OPP traded up $0.01 during trading hours on Thursday, hitting $8.51. The company had a trading volume of 160,606 shares, compared to its average volume of 102,202. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1 year low of $7.78 and a 1 year high of $9.30. The company has a 50-day moving average of $8.93 and a 200 day moving average of $8.77.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

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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.

Further Reading

Dividend History for RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP)

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