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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.1003 per share on Friday, August 30th. This represents a $1.20 dividend on an annualized basis and a yield of 13.90%. The ex-dividend date of this dividend is Thursday, August 15th.

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

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $8.66 on Thursday. The business has a fifty day moving average of $8.54 and a two-hundred day moving average of $8.43. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $7.26 and a twelve month high of $8.83.

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.