Special Opportunities Fund, Inc. Dividend Declaration

Rhea-AI Summary

Special Opportunities Fund, Inc. (NYSE: SPE) has announced a cash dividend of $0.171875 per share for its 2.75% Convertible Preferred Stock, Series C. This dividend will be distributed on September 30, 2022, to shareholders recorded as of September 21, 2022. This announcement is a clear indication of the Fund's ongoing commitment to providing returns to its shareholders.

Positive

• Declared a cash dividend of $0.171875 per share.
• Dividend payment reflects ongoing commitment to shareholders.
• Scheduled payment date on September 30, 2022.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2022 to holders of record as of September 21, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005930/en/

John Buckel, U.S. Bank Global Fund Services (1-414-765-4255)

Source: Special Opportunities Fund, Inc.

FAQ

What is the dividend amount declared by Special Opportunities Fund (SPE)?

The dividend amount declared is $0.171875 per share.

When is the dividend for SPE payable?

The dividend is payable on September 30, 2022.

What is the record date for the SPE dividend?

The record date for the SPE dividend is September 21, 2022.

What type of stock is the dividend associated with for SPE?

The dividend is associated with the 2.75% Convertible Preferred Stock, Series C.