- RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. declare preferred dividends for Q2 2025.
- Dividends to be paid on May 15, 2025, with ex-date and record date set for May 1, 2025.
- Distribution amounts vary across different preferred stock series.
RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. have announced the preferred dividends for the second quarter of 2025. The dividends are scheduled for payment on May 15, 2025, following the ex-date and record date on May 1, 2025.
For RiverNorth Opportunities Fund Inc., the 6.000% Series A Perpetual Preferred Stock (RIVPRA) will distribute $0.37500 per share. Meanwhile, RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has declared dividends across its various preferred stock series:
- 4.375% Series A Cumulative Preferred Stock (OPPPRA) will pay $0.27344 per share.
- 4.750% Series B Cumulative Preferred Stock (OPPPRB) will distribute $0.29688 per share.
- 6.000% Series C Term Preferred Stock (OPPPRC) will provide $0.15000 per share.
The dividends reflect RiverNorth's strategy to provide consistent returns across its investment vehicles, leveraging their expertise in closed-end funds and market efficiency exploitation. Investors are encouraged to review the relevant prospectus for more information on the associated risks and objectives.
Also check out: (Free Trial)
