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 on its 2.75% Convertible Preferred Stock, Series C. This dividend will be paid on December 30, 2022, to shareholders on record as of December 20, 2022. This move reflects the Fund's commitment to providing returns to its investors and highlights its financial stability.

Positive

• Cash dividend of $0.171875 per share indicates healthy returns for shareholders.
• Dividend payment reflects confidence in the Fund's financial stability.

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 December 30, 2022 to holders of record as of December 20, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221209005379/en/

John Buckel, U.S. Bank Global Fund Services (1-414-516-1514)

Source: Special Opportunities Fund, Inc.

FAQ

What is the dividend amount declared by Special Opportunities Fund, Inc. in December 2022?

The declared dividend amount is $0.171875 per share.

When is the dividend payable for NYSE:SPE?

The dividend is payable on December 30, 2022.

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

The record date for the dividend payment is December 20, 2022.

What type of stock is the dividend related to for Special Opportunities Fund, Inc.?

The dividend is related to the 2.75% Convertible Preferred Stock, Series C.