Special Opportunities Fund, Inc. (NYSE:SPE) Declares Monthly Dividend of $0.10

Special Opportunities Fund, Inc. (NYSE:SPE) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.0954 per share by the closed-end fund on Wednesday, July 31st. This represents a $1.14 annualized dividend and a dividend yield of 8.58%. The ex-dividend date of this dividend is Wednesday, July 17th.

Special Opportunities Fund has increased its dividend payment by an average of 16.5% annually over the last three years.

Special Opportunities Fund Price Performance

Shares of NYSE SPE traded up $0.06 during trading on Wednesday, hitting $13.34. 6,189 shares of the company were exchanged, compared to its average volume of 24,417. Special Opportunities Fund has a 1 year low of $10.26 and a 1 year high of $13.35. The firm’s fifty day moving average price is $12.87 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.