The fund’s 4.375% Series A preferred shares will pay a $0.2735 dividend, yielding 6.83% annually.
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. announced a $0.2735 per share quarterly dividend on its 4.375% Series A preferred shares (OPP.PR.A). The dividend reflects a forward yield of 6.83% based on current share prices.
The payment is set for August 14, with the record date and ex-dividend date both on August 3. The fund’s prior dividend and yield metrics were not disclosed, but the payout aligns with its fixed-rate preferred structure.
No immediate market reaction was reported following the announcement.