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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.091 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 14.2%. The ex-dividend date is Wednesday, July 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Stock Down 0.5%

NYSE OPP traded down $0.04 during trading hours on Thursday, reaching $7.68. The company’s stock had a trading volume of 4,725 shares, compared to its average volume of 95,308. The firm has a fifty day simple moving average of $7.67 and a 200-day simple moving average of $7.76. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52 week low of $7.47 and a 52 week high of $8.82.

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.