Special Opportunities Fund, Inc. (NYSE:SPE) Announces Dividend Increase – $0.11 Per Share

Special Opportunities Fund, Inc. (NYSE:SPEGet Free Report) declared a monthly dividend on Tuesday, January 7th, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be paid a dividend of 0.1098 per share by the closed-end fund on Monday, March 31st. This represents a $1.32 annualized dividend and a yield of 8.75%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a 15.1% increase from Special Opportunities Fund’s previous monthly dividend of $0.10.

Special Opportunities Fund has decreased its dividend payment by an average of 3.4% per year over the last three years.

Special Opportunities Fund Trading Up 1.1 %

SPE opened at $15.05 on Friday. The company has a fifty day moving average of $15.25 and a 200-day moving average of $14.76. Special Opportunities Fund has a twelve month low of $12.00 and a twelve month high of $15.87.

Special Opportunities Fund Company Profile

(Get Free Report)

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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Dividend History for Special Opportunities Fund (NYSE:SPE)

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