RIVERNORTH DO/COM (NYSE:OPP) to Issue $0.18 Monthly Dividend

RIVERNORTH DO/COM (NYSE:OPP) announced a monthly dividend on Tuesday, April 9th, Wall Street Journal reports. Stockholders of record on Thursday, April 18th will be given a dividend of 0.1833 per share on Tuesday, April 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 12.95%. The ex-dividend date of this dividend is Wednesday, April 17th.

Shares of NYSE OPP traded up $0.08 during mid-day trading on Friday, reaching $16.99. The company had a trading volume of 33,913 shares, compared to its average volume of 64,206. RIVERNORTH DO/COM has a 12-month low of $14.30 and a 12-month high of $17.97.

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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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Dividend History for RIVERNORTH DO/COM (NYSE:OPP)

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