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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Friday, October 16th will be paid a dividend of 0.091 per share on Friday, October 30th. 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, October 16th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Performance

Shares of RiverNorth/DoubleLine Strategic Opportunity Fund stock opened at $7.68 on Thursday. The stock’s 50-day moving average is $7.67 and its 200 day moving average is $7.76. RiverNorth/DoubleLine Strategic Opportunity Fund has a one year low of $7.47 and a one 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.