Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Friday, June 23rd, Wall Street Journal reports. Investors of record on Wednesday, September 20th will be given a dividend of 0.0867 per share by the closed-end fund on Friday, September 29th. This represents a $1.04 annualized dividend and a dividend yield of 9.22%. The ex-dividend date of this dividend is Tuesday, September 19th.
Special Opportunities Fund has increased its dividend by an average of 27.9% per year over the last three years.
Special Opportunities Fund Price Performance
NYSE SPE opened at $11.29 on Friday. Special Opportunities Fund has a 1 year low of $10.37 and a 1 year high of $12.68. The company has a fifty day simple moving average of $11.40 and a 200 day simple moving average of $11.13.
Hedge Funds Weigh In On Special Opportunities Fund
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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