RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's Series C Preferred Stock Ex-Dividend Reminder - 5/1/26
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On 5/1/26, RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (OPP.PRC) will trade ex-dividend, with a quarterly dividend of $0.15 payable on 5/15/26. This dividend represents approximately 1.46% of the recent share price of $10.30, indicating shares may open 1.46% lower. The annualized yield is about 5.83%, compared to the average yield of 6.33% in the preferred stock category. Currently, OPP.PRC is trading flat, while common shares (OPP) are up 0.7%.
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