RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) Plans $0.15 Monthly Dividend
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Tuesday, January 9th, Wall Street Journal reports. Shareholders of record on Wednesday, January 17th will be given a dividend of 0.15 per share on Wednesday, January 31st. This represents a $1.80 annualized dividend and a yield of 9.80%. The ex-dividend date is Tuesday, January 16th.
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE OPP) traded down $0.07 during trading hours on Wednesday, reaching $18.36. 63,600 shares of the company’s stock traded hands, compared to its average volume of 61,900. RiverNorth/DoubleLine Strategic Opportunity Fund has a 52-week low of $17.96 and a 52-week high of $19.76.
In other news, insider Stephen Andrew O’neill purchased 2,500 shares of the firm’s stock in a transaction on Friday, December 29th. The shares were bought at an average cost of $18.39 per share, with a total value of $45,975.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
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