Special Opportunities Fund, Inc. (NYSE:SPE) Stock to Pay Monthly Dividend of $0.11

Special Opportunities Fund, Inc. (NYSE:SPE) declared a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.1087 per share by the closed-end fund on Friday, October 30th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date is Tuesday, October 20th.

Special Opportunities Fund Price Performance

NYSE SPE opened at $12.87 on Tuesday. The business’s 50 day moving average price is $13.33 and its 200-day moving average price is $13.69. Special Opportunities Fund has a fifty-two week low of $12.76 and a fifty-two week high of $15.68.

About Special Opportunities Fund

Special Opportunities Fund, Inc (NYSE: SPE) is a diversified closed-end investment company. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

The fund invests primarily in closed-end funds, business development companies and other publicly traded securities. Its strategy may also include investments in special situations, including securities that may be undervalued, subject to corporate actions or involved in opportunities such as tender offers and other market events.

Special Opportunities Fund is advised by Bulldog Investors, LLC, an investment management firm known for specializing in closed-end funds and special situations.