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RiverNorth/DoubleLine Strategic Opportunity Fund Inc Stock Dividends Overview

OPP pays dividends monthly. Last paid amount was $0.100 at Apr 30, 2024. As of today, dividend yield (TTM) is 14.76%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 14.76%
Frequency Monthly
1Y Growth -1.67%
Payout Ratio 0
Amount Per Share $0.100
Next Ex-Dividend Date May 14, 2024
Next Payment Date May 31, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from OPP the purchase should be done within the next 4 days.
Here's a simple guide on how to buy OPP stock.

OPP Dividend Payout History

To ensure a understanding of OPP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
11 Jul 03, 2023 Aug 14, 2023 Aug 31, 2023 $0.102 1.20%
12 Jul 03, 2023 Jul 13, 2023 Jul 31, 2023 $0.102 1.18%
13 Apr 03, 2023 Jun 14, 2023 Jun 30, 2023 $0.102 1.19%
14 Apr 03, 2023 May 12, 2023 May 31, 2023 $0.102 1.25%
15 Apr 03, 2023 Apr 13, 2023 Apr 28, 2023 $0.102 1.21%
16 Jan 03, 2023 Mar 14, 2023 Mar 31, 2023 $0.102 1.19%
17 Jan 03, 2023 Feb 14, 2023 Feb 28, 2023 $0.102 1.17%
18 Jan 03, 2023 Jan 12, 2023 Jan 31, 2023 $0.102 1.11%
19 Oct 03, 2022 Dec 14, 2022 Dec 30, 2022 $0.148 1.71%
20 Oct 03, 2022 Nov 14, 2022 Nov 30, 2022 $0.148 1.58%

OPP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from OPP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OPP stock here.

Comparing OPP to Sector and Country

OPP pays a solid dividend yield of 14.76%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). OPP’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%).

FAQ

What factors can affect the amount of OPP's dividend payments?
The amount of OPP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in OPP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from OPP stock be automatically reinvested?
If OPP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy OPP stock.

How often does OPP pay dividend?
RiverNorth/DoubleLine Strategic Opportunity Fund Inc (OPP) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.100.

How much does OPP pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.100.

What is OPP dividend growth rate?
Over the last year, RiverNorth/DoubleLine Strategic Opportunity Fund Inc has witnessed growth rate of -1.67% . Looking back over the past 3 years, this growth rate has been -14.24%. Furthermore, examining the past 5 years, RiverNorth/DoubleLine Strategic Opportunity Fund Inc has maintained an average Dividends Per Share Growth Rate of -11.33%.
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About RiverNorth/DoubleLine Strategic Opportunity Fund Inc

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and... OPP Profile

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