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

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) declared a monthly dividend on Wednesday, July 1st. Investors 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 Trading Down 0.5%

OPP stock traded down $0.04 during mid-day trading on Thursday, hitting $7.68. 3,920 shares of the company were exchanged, compared to its average volume of 95,308. The business has a 50 day simple moving average of $7.67 and a 200-day simple moving average of $7.76. RiverNorth/DoubleLine Strategic Opportunity Fund has a 1-year low of $7.47 and a 1-year high of $8.82.

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.