RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) Shareholders Set to Receive $0.09 Monthly Dividend

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Monday, November 16th will be given a dividend of $0.0910 per share on Monday, November 30th. This represents a $1.09 annualized dividend and a dividend yield of 15.6%. The ex-dividend date is Monday, November 16th.

RiverNorth/DoubleLine Strategic Opportunity Fund Trading Up 1.3%

Shares of RiverNorth/DoubleLine Strategic Opportunity Fund stock traded up $0.09 during trading hours on Friday, reaching $7.00. The stock had a trading volume of 2,259 shares, compared to its average volume of 95,377. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $6.82 and a twelve month high of $8.59. The stock’s 50 day moving average is $7.39 and its 200 day moving average is $7.58.

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