Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Tuesday, December 17th will be paid a dividend of 0.0954 per share by the closed-end fund on Tuesday, December 31st. This represents a $1.14 annualized dividend and a dividend yield of 8.23%. The ex-dividend date of this dividend is Tuesday, December 17th.
Special Opportunities Fund has raised its dividend by an average of 16.5% per year over the last three years.
Special Opportunities Fund Trading Down 0.1 %
SPE traded down $0.01 during trading on Monday, hitting $13.91. The company had a trading volume of 62,080 shares, compared to its average volume of 27,514. Special Opportunities Fund has a one year low of $10.26 and a one year high of $14.00. The firm’s 50-day moving average price is $13.59 and its 200 day moving average price is $13.10.
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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