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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Friday, August 14th will be given a dividend of 0.091 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date of this dividend is Friday, August 14th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Up 0.2%

Shares of RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $7.68 on Thursday. The firm’s 50-day moving average price is $7.67 and its two-hundred day moving average price is $7.76. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $7.47 and a 1-year 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.