RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.1003 per share on Wednesday, July 31st. This represents a $1.20 annualized dividend and a yield of 13.93%. The ex-dividend date of this dividend is Monday, July 15th.
RiverNorth/DoubleLine Strategic Opportunity Fund has raised its dividend payment by an average of 4.1% per year over the last three years.
RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance
NYSE:OPP remained flat at $8.64 during mid-day trading on Tuesday. The company had a trading volume of 62,365 shares, compared to its average volume of 92,837. The stock’s fifty day moving average price is $8.53 and its 200-day moving average price is $8.42. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $7.26 and a 1-year high of $8.83.
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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