Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Friday, September 27th,Wall Street Journal reports. Stockholders of record on Tuesday, November 19th will be paid a dividend of 0.0954 per share by the closed-end fund on Friday, November 29th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.47%. The ex-dividend date of this dividend is Tuesday, November 19th.
Special Opportunities Fund has raised its dividend payment 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 $15.33 on Monday. Special Opportunities Fund has a twelve month low of $11.11 and a twelve month high of $15.39. The company’s 50 day moving average is $14.28 and its 200 day moving average is $13.59.
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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