RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) announced a monthly dividend on Tuesday, January 9th, Wall Street Journal reports. Stockholders of record on Thursday, March 15th will be paid a dividend of 0.15 per share on Thursday, March 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.97%. The ex-dividend date of this dividend is Wednesday, March 14th.
Shares of RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) opened at $18.05 on Tuesday. RiverNorth/DoubleLine Strategic Opportunity Fund has a one year low of $17.75 and a one year high of $19.76.
In other news, insider Stephen Andrew O’neill acquired 2,500 shares of the company’s stock in a transaction dated Friday, January 5th. The shares were acquired at an average price of $18.40 per share, with a total value of $46,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
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