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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Tuesday, October 1st,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1003 per share on Friday, November 29th. This represents a $1.20 annualized dividend and a dividend yield of 14.14%. The ex-dividend date of this dividend is Friday, November 15th.

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

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

OPP stock traded up $0.01 during midday trading on Thursday, reaching $8.51. The stock had a trading volume of 160,606 shares, compared to its average volume of 102,202. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52-week low of $7.78 and a 52-week high of $9.30. The firm has a fifty day simple moving average of $8.93 and a two-hundred day simple moving average of $8.77.

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.