Special Opportunities Fund, Inc. (NYSE:SPE) Shareholders to Receive $0.11 Monthly Dividend

Special Opportunities Fund, Inc. (NYSE:SPE) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, November 17th will be given a dividend of $0.1087 per share by the closed-end fund on Monday, November 30th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date of this dividend is Tuesday, November 17th.

Special Opportunities Fund Stock Down 0.5%

SPE stock opened at $12.87 on Tuesday. The stock has a 50-day simple moving average of $13.33 and a two-hundred day simple moving average of $13.69. Special Opportunities Fund has a twelve month low of $12.76 and a twelve month 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.