Special Opportunities Fund, Inc. (SPE) to Issue Monthly Dividend of $0.11 on August 31st

by · The Cerbat Gem

Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, August 18th will be given a dividend of 0.1087 per share by the closed-end fund on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Tuesday, August 18th.

Special Opportunities Fund Stock Performance

Shares of NYSE SPE opened at $13.52 on Friday. The company has a 50 day simple moving average of $13.92 and a two-hundred day simple moving average of $14.38. Special Opportunities Fund has a 12 month low of $13.14 and a 12 month 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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