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Special Opportunities Fund, Inc. Declares Monthly Dividend of $0.11 (NYSE:SPE)
Special Opportunities Fund, Inc. (NYSE:SPE) has declared a monthly dividend of $0.1087 per share, payable on March 31st to stockholders of record on March 17th. This dividend implies an annualized yield of approximately 9.3%. The fund, which typically invests in special situations and distressed credits, opened at $13.99, trading below its 50-day and 200-day moving averages.