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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.1003 per share on Friday, November 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.23%. The ex-dividend date is Friday, November 15th.

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

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Down 0.1 %

OPP traded down $0.01 on Thursday, hitting $9.10. 117,142 shares of the company traded hands, compared to its average volume of 97,009. RiverNorth/DoubleLine Strategic Opportunity Fund has a 12-month low of $7.26 and a 12-month high of $9.30. The company has a 50 day moving average of $8.97 and a 200-day moving average of $8.67.

RiverNorth/DoubleLine Strategic Opportunity Fund Company Profile

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.