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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 is domiciled in the United States.

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend Announcement

RiverNorth/DoubleLine Strategic Opportunity Fund announced a monthly dividend of $0.10 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
RiverNorth/DoubleLine Strategic Opportunity Fund annual dividend for 2024 was $1.20
RiverNorth/DoubleLine Strategic Opportunity Fund annual dividend for 2023 was $1.23
RiverNorth/DoubleLine Strategic Opportunity Fund's trailing twelve-month (TTM) dividend yield is 13.37%
RiverNorth/DoubleLine Strategic Opportunity Fund's payout ratio for the trailing twelve months (TTM) is 116.84%
RiverNorth/DoubleLine Strategic Opportunity Fund's dividend growth over the last five years (2018-2023) was -7.41% year

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-13$0.10monthly2024-12-31
2024-11-15$0.10monthly2024-11-29
2024-10-15$0.10monthly2024-10-31
2024-09-13$0.10monthly2024-09-30
2024-08-15$0.10monthly2024-08-30
2024-07-15$0.10monthly2024-07-31
2024-06-14$0.10monthly2024-06-28
2024-05-14$0.10monthly2024-05-31
2024-04-12$0.10monthly2024-04-30
2024-03-14$0.10monthly2024-03-28
2024-02-14$0.10monthly2024-02-29
2024-01-12$0.10monthly2024-01-31
2023-12-14$0.10monthly2023-12-29
2023-11-14$0.10monthly2023-11-30
2023-10-12$0.10monthly2023-10-31
2023-09-14$0.10monthly2023-09-29
2023-08-14$0.10monthly2023-08-31
2023-07-13$0.10monthly2023-07-31
2023-06-14$0.10monthly2023-06-30
2023-05-12$0.10monthly2023-05-31
2023-04-13$0.10monthly2023-04-28
2023-03-14$0.10monthly2023-03-31
2023-02-14$0.10monthly2023-02-28
2023-01-12$0.10monthly2023-01-31
2022-12-14$0.15monthly2022-12-30
2022-11-14$0.15monthly2022-11-30
2022-10-13$0.15monthly2022-10-31
2022-09-15$0.15monthly2022-09-30
2022-08-16$0.15monthly2022-08-31
2022-07-14$0.15monthly2022-07-29
2022-06-15$0.15monthly2022-06-30
2022-05-12$0.15monthly2022-05-31
2022-04-13$0.15monthly2022-04-29
2022-03-16$0.15monthly2022-03-31
2022-02-10$0.15monthly2022-02-28
2022-01-13$0.15monthly2022-01-31
2021-12-15$0.16monthly2021-12-31
2021-11-10$0.16monthly2021-11-30
2021-10-14$0.16monthly2021-10-29
2021-09-15$0.16monthly2021-09-30
2021-08-16$0.16monthly2021-08-31
2021-07-15$0.16monthly2021-07-30
2021-06-15$0.16monthly2021-06-30
2021-05-13$0.16monthly2021-05-28
2021-04-15$0.16monthly2021-04-30
2021-03-16$0.16monthly2021-03-31
2021-02-10$0.16monthly2021-02-26
2021-01-14$0.16monthly2021-01-29
2020-12-16$0.18monthly2020-12-31
2020-11-12$0.18monthly2020-11-30
2020-10-15$0.18monthly2020-10-30
2020-09-15$0.18monthly2020-09-30
2020-08-13$0.18monthly2020-08-31
2020-07-16$0.18monthly2020-07-31
2020-06-15$0.18monthly2020-06-30
2020-05-14$0.18monthly2020-05-29
2020-04-15$0.18monthly2020-04-30
2020-03-16$0.18monthly2020-03-31
2020-02-13$0.18monthly2020-02-28
2020-01-16$0.18monthly2020-01-31
2019-12-11$0.18monthly2019-12-31
2019-11-13$0.18monthly2019-11-29
2019-10-16$0.18monthly2019-10-31
2019-09-11$0.18monthly2019-09-30
2019-08-14$0.18monthly2019-08-30
2019-07-10$0.18monthly2019-07-31
2019-06-12$0.18monthly2019-06-28
2019-05-15$0.18monthly2019-05-31
2019-04-17$0.18monthly2019-04-30
2019-03-13$0.18monthly2019-03-29
2019-02-13$0.18monthly2019-02-28
2019-01-16$0.18monthly2019-01-31
2018-12-13$0.15monthly2018-12-28
2018-11-15$0.15monthly2018-11-30
2018-10-11$0.15monthly2018-10-31
2018-09-13$0.15monthly2018-09-28
2018-08-16$0.15monthly2018-08-31
2018-07-12$0.15monthly2018-07-31
2018-06-14$0.15monthly2018-06-29
2018-05-10$0.15monthly2018-05-31
2018-04-19$0.15monthly2018-04-30
2018-03-14$0.15monthly2018-03-29
2018-02-14$0.15monthly2018-02-28
2018-01-16$0.15monthly2018-01-31
2017-12-14$0.15monthly2017-12-29
2017-11-16$0.15monthly2017-11-30
2017-10-12$0.15monthly2017-10-31
2017-09-14$0.12monthly2017-09-29
2017-08-16$0.12monthly2017-08-31
2017-07-12$0.12monthly2017-07-31
2017-06-14$0.12monthly2017-06-30
2017-05-10$0.12monthly2017-05-31
2017-04-19$0.12monthly2017-04-28
2017-03-15$0.12monthly2017-03-31
2017-02-15$0.11monthly2017-02-28
2017-01-11$0.11monthly2017-01-31
2016-12-14$0.11monthly2016-12-30
2016-11-16$0.11monthly2016-11-30

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend per year

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend growth

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend Yield

RiverNorth/DoubleLine Strategic Opportunity Fund current trailing twelve-month (TTM) dividend yield is 13.37%. Interested in purchasing RiverNorth/DoubleLine Strategic Opportunity Fund stock? Use our calculator to estimate your expected dividend yield:

RiverNorth/DoubleLine Strategic Opportunity Fund Financial Ratios

P/E ratio7.27
PEG ratio0.02
P/B ratio0.62
ROE8.44%
Payout ratio116.84%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.36

RiverNorth/DoubleLine Strategic Opportunity Fund Dividend FAQ

How much is the next RiverNorth/DoubleLine Strategic Opportunity Fund dividend?
RiverNorth/DoubleLine Strategic Opportunity Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next RiverNorth/DoubleLine Strategic Opportunity Fund dividend. The next RiverNorth/DoubleLine Strategic Opportunity Fund dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is RiverNorth/DoubleLine Strategic Opportunity Fund dividend paid?
RiverNorth/DoubleLine Strategic Opportunity Fund pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does RiverNorth/DoubleLine Strategic Opportunity Fund pay?
The specific amount of RiverNorth/DoubleLine Strategic Opportunity Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find RiverNorth/DoubleLine Strategic Opportunity Fund's dividend history.
Does RiverNorth/DoubleLine Strategic Opportunity Fund stock pay dividends?
Yes, RiverNorth/DoubleLine Strategic Opportunity Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find RiverNorth/DoubleLine Strategic Opportunity Fund's dividend history.
How much dividend does RiverNorth/DoubleLine Strategic Opportunity Fund pay?
RiverNorth/DoubleLine Strategic Opportunity Fund paid $1.204 in 2024, $1.225 in 2023, $1.776 in 2022, $1.906 in 2021, and $2.16 in 2020.
How often does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends?
RiverNorth/DoubleLine Strategic Opportunity Fund typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is RiverNorth/DoubleLine Strategic Opportunity Fund's dividend yield?
The current dividend yield for RiverNorth/DoubleLine Strategic Opportunity Fund is 13.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate RiverNorth/DoubleLine Strategic Opportunity Fund's exact dividend yield.
When does RiverNorth/DoubleLine Strategic Opportunity Fund go ex dividend?
RiverNorth/DoubleLine Strategic Opportunity Fund's ex-dividend date for the latest dividend was on 2024-12-13. RiverNorth/DoubleLine Strategic Opportunity Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next RiverNorth/DoubleLine Strategic Opportunity Fund dividend paid?
RiverNorth/DoubleLine Strategic Opportunity Fund pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will RiverNorth/DoubleLine Strategic Opportunity Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether RiverNorth/DoubleLine Strategic Opportunity Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is RiverNorth/DoubleLine Strategic Opportunity Fund dividend per share?
RiverNorth/DoubleLine Strategic Opportunity Fund paid $1.204 per share in 2024 and $1.225 per share in 2023. The amount of dividend per share that RiverNorth/DoubleLine Strategic Opportunity Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is RiverNorth/DoubleLine Strategic Opportunity Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is RiverNorth/DoubleLine Strategic Opportunity Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is RiverNorth/DoubleLine Strategic Opportunity Fund a dividend stock?
Yes, RiverNorth/DoubleLine Strategic Opportunity Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is RiverNorth/DoubleLine Strategic Opportunity Fund a good dividend stock?
Whether RiverNorth/DoubleLine Strategic Opportunity Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. RiverNorth/DoubleLine Strategic Opportunity Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating RiverNorth/DoubleLine Strategic Opportunity Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends monthly?
RiverNorth/DoubleLine Strategic Opportunity Fund typically pays dividends on a monthly basis.
Does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends quarterly?
RiverNorth/DoubleLine Strategic Opportunity Fund currently pays dividends on a monthly basis.
Has RiverNorth/DoubleLine Strategic Opportunity Fund ever paid a dividend?
Yes, RiverNorth/DoubleLine Strategic Opportunity Fund has a history of paying dividends to its shareholders. RiverNorth/DoubleLine Strategic Opportunity Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy RiverNorth/DoubleLine Strategic Opportunity Fund dividend stocks?
To buy RiverNorth/DoubleLine Strategic Opportunity Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy RiverNorth/DoubleLine Strategic Opportunity Fund stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends 2024?
RiverNorth/DoubleLine Strategic Opportunity Fund pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will RiverNorth/DoubleLine Strategic Opportunity Fund increase its dividend in 2024?
Decisions regarding RiverNorth/DoubleLine Strategic Opportunity Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date RiverNorth/DoubleLine Strategic Opportunity Fund dividend overview you can look into the above table of dividend history.
How RiverNorth/DoubleLine Strategic Opportunity Fund dividend works?
The RiverNorth/DoubleLine Strategic Opportunity Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how RiverNorth/DoubleLine Strategic Opportunity Fund's dividend process works:

1. Determination of Dividend: RiverNorth/DoubleLine Strategic Opportunity Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, RiverNorth/DoubleLine Strategic Opportunity Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, RiverNorth/DoubleLine Strategic Opportunity Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from RiverNorth/DoubleLine Strategic Opportunity Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are RiverNorth/DoubleLine Strategic Opportunity Fund dividends paid?
RiverNorth/DoubleLine Strategic Opportunity Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: RiverNorth/DoubleLine Strategic Opportunity Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, RiverNorth/DoubleLine Strategic Opportunity Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: RiverNorth/DoubleLine Strategic Opportunity Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends?
RiverNorth/DoubleLine Strategic Opportunity Fund typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does RiverNorth/DoubleLine Strategic Opportunity Fund pay dividends?
The general pattern is that RiverNorth/DoubleLine Strategic Opportunity Fund pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is RiverNorth/DoubleLine Strategic Opportunity Fund dividend safe?
The safety of RiverNorth/DoubleLine Strategic Opportunity Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of RiverNorth/DoubleLine Strategic Opportunity Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review RiverNorth/DoubleLine Strategic Opportunity Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.