Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) declared a monthly dividend on Thursday, July 10th, Wall Street Journal reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.1098 per share by the closed-end fund on Tuesday, September 30th. This represents a $1.32 annualized dividend and a dividend yield of 8.51%. The ex-dividend date of this dividend is Tuesday, September 16th.
Special Opportunities Fund Trading Down 0.3%
Shares of SPE stock traded down $0.05 on Friday, hitting $15.49. 36,264 shares of the stock traded hands, compared to its average volume of 43,270. The firm's 50-day moving average price is $15.19 and its two-hundred day moving average price is $15.00. Special Opportunities Fund has a twelve month low of $12.72 and a twelve month high of $15.87.
About Special Opportunities Fund
(
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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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