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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.091 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.3%. The ex-dividend date is Monday, June 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Trading Up 0.5%

Shares of NYSE OPP traded up $0.04 during mid-day trading on Friday, reaching $7.64. The company had a trading volume of 74,017 shares, compared to its average volume of 97,702. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $7.49 and a twelve month high of $8.82. The stock’s 50 day moving average is $7.72 and its 200-day moving average is $7.80.

About RiverNorth/DoubleLine Strategic Opportunity Fund

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.