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0.00361794500723594 0.00361794500723594 0.00361794500723594 0.00361794500723594 0.00361794500723594 0.00361794500723594 0.00168596237337198 0.00168596237337198
Stock impact report

Special Opportunities Fund Declares Distributions Under Managed Distribution Plan

Special Opportunities Fund, Inc (SPE) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three dividends under the Fund’s managed distribution plan.Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 6% (or 0.5% per month) for the remainder of 2019, based on the net asset value (NAV) of the Fund’s common shares as of March 29, 2019. Beginning in January 2020, the Fund intends to make monthly distributions to common stockholders at an annual rate of 6%, based on the NAV of the Fund’s common shares as of the close of business on the last business day of the previous year.The next three dividends declared under the managed distribution plan are as follows:MonthRateRecord DatePayable DateJuly$0.076July 18, 2019July 31, 2019August$0.076August 15, 2019August 30, 2019September$0.076September 19, 2019September 30, 2019Under t Show less Read more
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