Special Opportunities Fund, Inc. (NYSE:SPE) to Issue $0.11 Monthly Dividend

by · The Cerbat Gem

Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, March 17th will be given a dividend of 0.1087 per share by the closed-end fund on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Tuesday, March 17th.

Special Opportunities Fund Stock Down 0.4%

SPE stock opened at $13.99 on Friday. The business has a fifty day moving average price of $14.85 and a 200 day moving average price of $15.18. Special Opportunities Fund has a fifty-two week low of $12.72 and a fifty-two week high of $15.98.

Special Opportunities Fund Company Profile

(Get Free Report)

Special Opportunities Fund (NYSE: SPE) is a closed-end management investment company that seeks to deliver attractive total return by investing across corporate capital structures. The fund primarily allocates capital to debt and equity securities of both public and private issuers, with a focus on special situations, distressed credits and event-driven opportunities.

The fund’s flexible, multi-asset strategy allows portfolio managers to shift allocations among high-yield bonds, leveraged loans, convertible securities, preferred stock and equity positions.

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