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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.095 per share on Friday, January 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date of this dividend is Wednesday, January 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund has increased its dividend payment by an average of 4.1% annually over the last three years.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 1.3 %

OPP traded up $0.11 during trading on Friday, reaching $8.55. 145,175 shares of the company’s stock were exchanged, compared to its average volume of 144,587. The business has a 50 day moving average price of $8.49 and a 200 day moving average price of $8.75. RiverNorth/DoubleLine Strategic Opportunity Fund has a fifty-two week low of $8.11 and a fifty-two week high of $9.30.

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.