RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) to Issue $0.16 Monthly Dividend


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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, April 7th, Wall Street Journal reports. Stockholders of record on Wednesday, June 16th will be given a dividend of 0.1586 per share on Wednesday, June 30th. This represents a $1.90 annualized dividend and a dividend yield of 12.46%. The ex-dividend date is Tuesday, June 15th.

Shares of OPP remained flat at $$15.27 during mid-day trading on Wednesday. 129,861 shares of the stock traded hands, compared to its average volume of 108,090. The business has a 50-day moving average price of $14.89 and a 200-day moving average price of $14.51. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1 year low of $12.15 and a 1 year high of $15.35.

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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Dividend History for RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP)

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