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OPP Dividend

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
16.69%
Annual dividend
$1.19
Payout ratio
1.64
Frequency
Monthly
Share price
$7.14
Market cap
$178M

Next payment

Ex-dividend date: Pay date: Amount: $0.0910

You must own the shares before the ex-dividend date to receive this payment.

Is OPP a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 16.69%, the yield is more than three times the median of 2.81% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Paying out more than it earnsA payout ratio of 1.64 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • Dividend has been cut 6 timesAcross 10 complete years, the annual total fell in 2023, 2024, 2025 and earlier. The most recent reduction was in 2025.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

OPP dividend history

Annual dividend per share, 2016 to 2025.

201620182020202220242025
Peak $2.17 in 2019Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for OPP, most recent first.
Ex-dividend datePay dateAmountType
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0910Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.0950Monthly
$0.1003Monthly
$0.1003Monthly
$0.0988Monthly
$0.0995Monthly
$0.0995Monthly
$0.0988Monthly
$0.0988Monthly
$0.0988Monthly
$0.0988Monthly
$0.0988Monthly
$0.0988Monthly
$0.0995Monthly
$0.1008Monthly
$0.1021Monthly
$0.1021Monthly

How much would OPP pay you?

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Calculate OPP dividend income →

OPP appears in

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Frequently asked questions

Does OPP pay a dividend?
Yes. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. pays a monthly dividend, currently yielding 16.69% based on trailing twelve-month payments of $1.19 per share.
How much does OPP pay in dividends?
$1.19 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next OPP ex-dividend date?
The next ex-dividend date on record is November 16, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.