Special Opportunities Fund, Inc. (NYSE:SPE) to Issue Dividend of $0.11

Special Opportunities Fund, Inc. (NYSE:SPE) announced a dividend on Monday, January 20th,investing.com reports. Shareholders of record on Wednesday, January 22nd will be paid a dividend of 0.1098 per share by the closed-end fund on Friday, January 31st. This represents a yield of 8.76%. The ex-dividend date is Tuesday, January 21st.

Special Opportunities Fund has increased its dividend payment by an average of 1.3% annually over the last three years.

Special Opportunities Fund Stock Up 0.3 %

NYSE:SPE traded up $0.04 during trading hours on Monday, hitting $15.05. 37,361 shares of the stock were exchanged, compared to its average volume of 33,587. Special Opportunities Fund has a twelve month low of $11.83 and a twelve month high of $15.74. The company’s 50 day moving average is $14.99 and its two-hundred day moving average is $14.24.

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.