RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Declares Monthly Dividend of $0.09

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be paid a dividend of 0.091 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date is Thursday, January 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

OPP traded up $0.01 during trading on Tuesday, hitting $7.94. 19,236 shares of the company traded hands, compared to its average volume of 100,409. The stock’s 50-day simple moving average is $7.96 and its two-hundred day simple moving average is $8.32. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1 year low of $7.79 and a 1 year high of $8.82.

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. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc was formed on December 30, 2010 and is domiciled in the United States.