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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.0910 per share on Thursday, December 31st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 15.5%. The ex-dividend date is Tuesday, December 15th.

RiverNorth/DoubleLine Strategic Opportunity Fund Price Performance

RiverNorth/DoubleLine Strategic Opportunity Fund stock traded up $0.13 during midday trading on Friday, reaching $7.04. The stock had a trading volume of 4,676 shares, compared to its average volume of 95,377. The stock’s 50-day simple moving average is $7.39 and its 200 day simple moving average is $7.58. RiverNorth/DoubleLine Strategic Opportunity Fund has a twelve month low of $6.82 and a twelve month high of $8.59.

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.