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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.095 per share on Friday, January 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date of this dividend is Wednesday, January 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 Trading Up 1.3 %

NYSE:OPP traded up $0.11 during mid-day trading on Friday, hitting $8.55. 145,175 shares of the company’s stock traded hands, compared to its average volume of 144,587. The company has a fifty day moving average of $8.49 and a 200 day moving average of $8.75. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $8.11 and a twelve month 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.