Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) declared a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.1098 per share by the closed-end fund on Monday, March 31st. This represents a $1.32 annualized dividend and a dividend yield of 8.78%. The ex-dividend date of this dividend is Tuesday, March 18th.
Special Opportunities Fund has increased its dividend by an average of 1.3% annually over the last three years.
Special Opportunities Fund Price Performance
Shares of SPE stock remained flat at $15.00 on Wednesday. The stock had a trading volume of 14,038 shares, compared to its average volume of 30,068. The business has a fifty day moving average of $14.98 and a 200-day moving average of $14.14. Special Opportunities Fund has a 52 week low of $11.83 and a 52 week high of $15.74.
Special Opportunities Fund Company Profile
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Special Opportunities Fund, Inc is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.
Further Reading
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