Special Opportunities Fund, Inc. Dividend Declaration

Rhea-AI Summary

Special Opportunities Fund, Inc. (NYSE: SPE) has declared a quarterly cash dividend of $0.21875 per share on its 3.50% Convertible Preferred Stock, Series B. This dividend will be payable on December 31, 2020 to shareholders on record by December 21, 2020. This announcement underscores the Fund's commitment to providing returns to its investors.

Positive

• Quarterly cash dividend of $0.21875 per share indicates ongoing shareholder returns.

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 quarterly cash dividend on the Fund’s 3.50% Convertible Preferred Stock, Series B.

The dividend is payable on December 31, 2020 to holders of record as of December 21, 2020, at the rate of $0.21875 per share.