Special Opportunities Fund, Inc. Dividend Declaration

Rhea-AI Summary

Special Opportunities Fund announced a cash dividend of $0.11267 per share on its 2.75% Convertible Preferred Stock, Series C. This dividend is set to be paid on March 31, 2022, to shareholders on record as of March 22, 2022. This cash return demonstrates the Fund's ongoing commitment to providing income to its investors, reflecting a stable dividend policy.

Positive

• Cash dividend of $0.11267 per share enhances income for shareholders.
• Demonstrates commitment to shareholder returns amid market conditions.

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 $0.11267 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 31, 2022 to holders of record as of March 22, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220308005886/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 declared dividend amount is $0.11267 per share.

When is the dividend payable for SPE's Convertible Preferred Stock?

The dividend is payable on March 31, 2022.

What is the record date for the dividend payment for SPE?

The record date for the dividend payment is March 22, 2022.

How frequently does Special Opportunities Fund (SPE) declare dividends?

The frequency of dividend declarations can vary; please check their announcements for details.