RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (OPP.PRC) will trade ex-dividend on 5/1/26 for a quarterly dividend of $0.15, payable on 5/15/26. Based on the recent share price of $10.30, the dividend implies a quarterly yield of about 1.46% and an annualized yield near 5.8%. The item is routine dividend schedule news with limited expected market impact.
RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (OPP.PRC) will trade ex-dividend on 5/1/26 for a quarterly dividend of $0.15, payable on 5/15/26. Based on the recent share price of $10.30, the dividend implies a quarterly yield of about 1.46% and an annualized yield near 5.8%. The item is routine dividend schedule news with limited expected market impact.
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neutral
Sentiment Score
0.05
