RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) Dividend Yield, History & Safety Analysis
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) pays a high 14.51% dividend yield, or $1.11 per share annually at a stock price of $7.68. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x. Dividend growth is accelerating — the 3-year CAGR of -9.8% exceeds the 5-year rate of -11.2% and the 10-year rate of -3.0%. The most recent ex-dividend date was June 15, 2026.
- Dividend Yield
- 14.51%
- Annual Dividend
- $1.11
- Payout Ratio
- 1.1%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-15
- Sector
- Financial Services
- Earnings Per Share
- $1.00
Frequently Asked Questions
What is OPP's current dividend yield?
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) has a dividend yield of 14.51%, paying $1.11 per share annually.
How often does OPP pay dividends?
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. typically pays dividends on a quarterly basis. The annual dividend totals $1.11 per share.
Is OPP's dividend safe?
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.'s dividend safety is rated "Safe." The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.9x.
When is OPP's next ex-dividend date?
The most recent ex-dividend date for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is OPP's dividend growth rate?
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a 5-year dividend compound annual growth rate (CAGR) of -11.2%. The 10-year CAGR is -3.0%.
What is OPP's payout ratio?
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.
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