RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) To Go Ex-Dividend on March 16th

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Monday, March 16th will be paid a dividend of 0.091 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 14.2%. The ex-dividend date is Monday, March 16th.

RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance

NYSE OPP traded down $0.01 on Friday, hitting $7.71. The company had a trading volume of 46,467 shares, compared to its average volume of 108,695. The company’s fifty day moving average price is $7.87 and its 200-day moving average price is $8.12. RiverNorth/DoubleLine Strategic Opportunity Fund has a 12-month low of $7.69 and a 12-month high of $8.82.

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.