RiverNorth/DoubleLine Strategic Opportunity Fund Announces Ex-Dividend Date for Series C Preferreds

Apr 30, 2026 17:46 UTC

OPP.PRC, OPP

Immediate term

The fund's Series C Term Preferred Stock is scheduled to trade ex-dividend on May 1, 2026. Eligible shareholders will receive a quarterly distribution of $0.15 per share.

Ex-dividend date: May 1, 2026
Dividend amount: $0.15 per share
Preferred stock symbol: OPP.PRC
Common stock symbol: OPP
Fixed rate: 6.00%

The RiverNorth/DoubleLine Strategic Opportunity Fund has confirmed the ex-dividend date for its 6.00% Series C Term Preferred Stock, trading under the symbol OPP.PRC. The security will trade ex-dividend on May 1, 2026, establishing the eligibility cutoff for the upcoming payment cycle. Shareholders of the Series C Preferred Stock are entitled to a quarterly dividend of $0.15 per share. This distribution aligns with the fund's stated 6.00% yield for this specific preferred share class. Market activity for the security has remained muted, with OPP.PRC trading flat in recent sessions. In contrast, the fund's common shares, trading under the symbol OPP, recorded a slight gain of approximately 0.7%. Preferred stocks are typically utilized by income-oriented investors due to their fixed dividend payments and priority over common equity. This scheduled distribution is a routine component of the fund's capital structure and dividend policy.