RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.1003 per share on Thursday, October 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.21%. The ex-dividend date is Tuesday, October 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has raised its dividend by an average of 4.1% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
Shares of OPP stock remained flat at $9.11 during trading hours on Thursday. The stock had a trading volume of 119,492 shares, compared to its average volume of 97,021. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $7.26 and a 1-year high of $9.30. The firm has a 50-day moving average price of $8.97 and a two-hundred day moving average price of $8.67.
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.
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