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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.095 per share on Friday, January 31st. This represents a $1.14 dividend on an annualized basis and a yield of 13.33%. The ex-dividend date is Wednesday, January 15th.

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

RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance

RiverNorth/DoubleLine Strategic Opportunity Fund stock traded up $0.11 during mid-day trading on Friday, reaching $8.55. The company had a trading volume of 145,175 shares, compared to its average volume of 144,587. The company has a 50 day moving average of $8.49 and a 200-day moving average of $8.75. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52 week low of $8.11 and a 52 week high of $9.30.

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.