Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) announced a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Shareholders of record on Tuesday, June 17th will be paid a dividend of 0.1098 per share by the closed-end fund on Monday, June 30th. This represents a $1.32 dividend on an annualized basis and a yield of 9.42%. The ex-dividend date of this dividend is Tuesday, June 17th.
Special Opportunities Fund has decreased its dividend by an average of 3.4% per year over the last three years.
Special Opportunities Fund Stock Down 0.1 %
Shares of NYSE:SPE traded down $0.02 during midday trading on Friday, reaching $13.99. The company's stock had a trading volume of 98,588 shares, compared to its average volume of 41,051. Special Opportunities Fund has a fifty-two week low of $12.00 and a fifty-two week high of $15.87. The firm has a 50 day moving average price of $15.01 and a two-hundred day moving average price of $14.88.
About Special Opportunities Fund
(
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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.
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