RiverNorth/DoubleLine fund announces a $0.2969 per share dividend, reflecting a 6.83% forward yield for investors.
RiverNorth/DoubleLine Strategic Opportunity Fund Inc’s Series B preferred shares (OPP.PR.B) declared a $0.2969 per share quarterly dividend. The payment yields 6.83% on an annualized basis, based on the current share price.
The dividend is payable on August 14 to shareholders of record as of August 3, with the ex-dividend date also set for August 3. The fund’s prior dividend and yield metrics were not disclosed in the announcement.
No immediate market reaction was reported following the declaration.