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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Wednesday, April 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.091 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Friday, May 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Trading Down 0.1%

Shares of NYSE:OPP traded down $0.01 during trading on Wednesday, hitting $7.77. The company’s stock had a trading volume of 2,723 shares, compared to its average volume of 98,972. RiverNorth/DoubleLine Strategic Opportunity Fund has a fifty-two week low of $7.49 and a fifty-two week high of $8.82. The stock’s 50-day moving average price is $7.74 and its two-hundred day moving average price is $7.87.

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.