Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.1098 per share by the closed-end fund on Monday, March 31st. This represents a $1.32 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date of this dividend is Tuesday, March 18th.
Special Opportunities Fund has raised its dividend by an average of 1.3% per year over the last three years.
Special Opportunities Fund Stock Performance
NYSE:SPE opened at $15.00 on Friday. The firm has a 50 day moving average of $14.99 and a 200-day moving average of $14.16. Special Opportunities Fund has a 1 year low of $11.83 and a 1 year high of $15.74.
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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