|Bid||13.80 x 1000|
|Ask||13.82 x 900|
|Day's Range||13.66 - 13.82|
|52 Week Range||10.56 - 17.87|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.16 (15.52%)|
|Ex-Dividend Date||Sep 15, 2020|
|1y Target Est||N/A|
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") (NYSE: OPP) announces that its Board of Directors (the "Board") has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund.
Several RiverNorth Closed-End Funds announced the declaration of monthly distributions for the months of July, August and September 2020, as detailed below. The following dates apply to the monthly distribution declarations for the tax-exempt and taxable closed-end funds:
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") (NYSE: OPP) announced the declaration of monthly distributions of $0.18 per common share for the months of April, May and June 2020, payable on the dates noted below. In accordance with the level distribution policy, the rate has been set equal to 12.5% of the average of the Fund’s net asset value ("NAV") per share for the final five trading days of the 2019 calendar year. Based on the Fund’s current NAV per share of $13.88 (as of market close March 31, 2020), the distributions represent an annualized distribution rate of 15.56%. Based on the Fund’s current market price per share of $12.80 the annualized market price distribution rate is 16.88%.