Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, August 21st will be paid a dividend of 0.0954 per share by the closed-end fund on Friday, August 30th. This represents a $1.14 annualized dividend and a dividend yield of 8.58%. The ex-dividend date is Wednesday, August 21st.
Special Opportunities Fund has raised its dividend by an average of 16.5% per year over the last three years.
Special Opportunities Fund Stock Performance
Shares of Special Opportunities Fund stock opened at $13.34 on Thursday. Special Opportunities Fund has a 52-week low of $10.26 and a 52-week high of $13.35. The company’s 50 day moving average price is $12.89 and its 200-day moving average price is $12.43.
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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