RIVERNORTH DO/COM (NYSE:OPP) announced a monthly dividend on Tuesday, January 7th, Wall Street Journal reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.18 per share on Friday, January 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 12.97%. The ex-dividend date of this dividend is Thursday, January 16th.
RIVERNORTH DO/COM has raised its dividend by an average of 115.4% per year over the last three years and has raised its dividend every year for the last 2 years.
OPP stock opened at $16.66 on Tuesday. RIVERNORTH DO/COM has a twelve month low of $16.01 and a twelve month high of $17.87. The business has a fifty day moving average of $16.37 and a 200-day moving average of $17.13.
About RIVERNORTH DO/COM
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.
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