{"id":952357,"date":"2026-04-16T18:03:45","date_gmt":"2026-04-16T22:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-opportunities-fund-inc-and-rivernorth-doubleline-strategic-opportunity-fund-inc-announce-preferred-dividends-5\/"},"modified":"2026-04-16T18:03:45","modified_gmt":"2026-04-16T22:03:45","slug":"rivernorth-opportunities-fund-inc-and-rivernorth-doubleline-strategic-opportunity-fund-inc-announce-preferred-dividends-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-opportunities-fund-inc-and-rivernorth-doubleline-strategic-opportunity-fund-inc-announce-preferred-dividends-5\/","title":{"rendered":"RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends"},"content":{"rendered":"

<\/p>\n

RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends<\/b><\/p>\n

WEST PALM BEACH, Fla.–(BUSINESS WIRE<\/a>)–
\nRiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2026, as detailed below.<\/p>\n\n\n\n
\n

Ex Date<\/b><\/p>\n<\/td>\n

\n

Record Date<\/b><\/p>\n<\/td>\n

\n

Payable Date<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nMay 1, 2026<\/p>\n<\/td>\n

\n

\nMay 1, 2026<\/p>\n<\/td>\n

\n

\nMay 15, 2026<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n
\n

Fund Name<\/b><\/p>\n<\/td>\n

\n

Preferred Stock Series<\/b><\/p>\n<\/td>\n

\n

NYSE<\/b><\/p>\n<\/td>\n

\n

Distribution Per Share<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Opportunities Fund, Inc.<\/b><\/p>\n<\/td>\n

\n

\n6.000% Series A Perpetual Preferred Stock<\/p>\n<\/td>\n

\n

\nRIVPRA<\/p>\n<\/td>\n

\n

\n$0.37500<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth\/DoubleLine Strategic <\/b>Opportunity Fund, Inc.<\/b><\/p>\n<\/td>\n

\n

\n4.375% Series A Cumulative Preferred Stock<\/p>\n<\/td>\n

\n

\nOPPPRA<\/p>\n<\/td>\n

\n

\n$0.27344<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth\/DoubleLine Strategic <\/b>Opportunity Fund, Inc.<\/b><\/p>\n<\/td>\n

\n

\n4.750% Series B Cumulative Preferred Stock<\/p>\n<\/td>\n

\n

\nOPPPRB<\/p>\n<\/td>\n

\n

\n$0.29688<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth\/DoubleLine Strategic <\/b>Opportunity Fund, Inc.<\/b><\/p>\n<\/td>\n

\n

\n6.000% Series C Term Preferred Stock<\/p>\n<\/td>\n

\n

\nOPPPRC<\/p>\n<\/td>\n

\n

\n$0.15000<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

About RiverNorth<\/b><\/p>\n

\nRiverNorth Capital Management, LLC is an independent investment manager and closed-end fund expert specializing in opportunistic strategies and structures built to exploit market inefficiencies. Founded in 2000, RiverNorth manages $5.0 billion1<\/sup> of assets in registered funds, private funds and separately managed accounts.<\/p>\n\n\n
\n

1<\/sup> As of February 28, 2026. Firm AUM reflects Managed Assets which includes the effects of leverage and investments in affiliated funds.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

The distributions were calculated based on the preferred shares Liquidation Preference of $25.00 per share and most current quarterly distribution rate per share of $0.37500 for the RiverNorth Opportunities Fund, Inc.\u2019s 6.000% Series A Perpetual Preferred Stock, $0.27344 for the RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc.\u2019s 4.375% Series A Cumulative Preferred Stock, and $0.29688 for RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc.\u2019s 4.750% Series B Cumulative Preferred Stock, respectively. For the RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc.\u2019s 6.000% Series C Term Preferred Stock, the distribution was calculated based on the preferred shares Liquidation Preference of $10.00 per share and a quarterly distribution rate per share of $0.15000. Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund\u2019s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. If a distribution includes anything other than net investment income, the Fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time. These estimates may not match the final tax characterization (for the full year\u2019s distributions) contained in shareholders\u2019 1099-DIV forms after the end of the year.<\/i><\/p>\n

\nThis data is for information only and should not be construed as an official tax form, nor should it be considered tax or investment advice. RiverNorth is not a tax advisor, and investors should consult a tax professional for guidance regarding their specific tax situation. Please consult your legal or tax advisor.<\/p>\n

Investors should consider the Fund’s investment objective, risks, charges, and expenses carefully before investing. The prospectus should be read carefully before investing. For more information, please read the prospectus, call your financial professional or call 844.569.4750.<\/i><\/b><\/p>\n

Investing in the Fund involves certain risks, including loss of principal that are described in the “Risks” section of each Prospectus.<\/b><\/p>\n

\nMember Firm ALPS Distributors Inc. Marketing services provided by ALPS Distributors Inc. ALPS and RiverNorth are not affiliated.
\n
RiverNorth\u00ae is a registered trademark of RiverNorth Capital Management, LLC. DoubleLine\u00ae is a registered trademark of DoubleLine Capital LP.
\n
\u00a92000-2026 RiverNorth Capital Management, LLC. All rights reserved. OPP000145<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260416271272\/en\/<\/a><\/span><\/p>\n

\nRiverNorth CEF Investor Relations
\n
800-646-0148, Option 1
\n
CEF@rivernorth.com<\/a><\/p>\n

KEYWORDS:<\/b> Florida United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends WEST PALM BEACH, Fla.–(BUSINESS WIRE)– RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2026, as detailed below. Ex Date Record Date Payable Date May 1, 2026 May 1, 2026 May 15, 2026 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Preferred Stock OPPPRA $0.27344 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 4.750% Series B Cumulative Preferred Stock OPPPRB $0.29688 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 6.000% Series C Term Preferred Stock … <\/p>\n

Continue reading “RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952357","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 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Announce Preferred Dividends WEST PALM BEACH, Fla.–(BUSINESS WIRE)– RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2026, as detailed below. Ex Date Record Date Payable Date May 1, 2026 May 1, 2026 May 15, 2026 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Preferred Stock OPPPRA $0.27344 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 4.750% Series B Cumulative Preferred Stock OPPPRB $0.29688 RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 6.000% Series C Term Preferred Stock … Continue reading "RiverNorth Opportunities Fund, Inc. and RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc. 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