Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Monday, January 6th,NASDAQ Dividends reports. Stockholders of record on Tuesday, January 21st will be given a dividend of 0.1098 per share by the closed-end fund on Friday, January 31st. This represents a $1.32 annualized dividend and a dividend yield of 8.78%. The ex-dividend date is Tuesday, January 21st. This is an increase from Special Opportunities Fund’s previous monthly dividend of $0.10.
Special Opportunities Fund has raised its dividend payment by an average of 16.5% annually over the last three years.
Special Opportunities Fund Stock Performance
NYSE:SPE opened at $15.00 on Wednesday. The firm has a 50-day simple moving average of $14.97 and a 200-day simple moving average of $14.13. Special Opportunities Fund has a one year low of $11.83 and a one year high of $15.74.
About Special Opportunities Fund
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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