---
title: "RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's Series C Preferred Stock Ex-Dividend Reminder - 5/1/26"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284816556.md"
description: "On 5/1/26, RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (OPP.PRC) will trade ex-dividend, with a quarterly dividend of $0.15 payable on 5/15/26. This dividend represents approximately 1.46% of the recent share price of $10.30, indicating shares may open 1.46% lower. The annualized yield is about 5.83%, compared to the average yield of 6.33% in the preferred stock category. Currently, OPP.PRC is trading flat, while common shares (OPP) are up 0.7%."
datetime: "2026-04-30T17:55:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284816556.md)
  - [en](https://longbridge.com/en/news/284816556.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284816556.md)
---

# RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's Series C Preferred Stock Ex-Dividend Reminder - 5/1/26

On 5/1/26, RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (Symbol: OPP.PRC) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 5/15/26. As a percentage of OPP.PRC's recent share price of $10.30, this dividend works out to approximately 1.46%, so look for shares of OPP.PRC to trade 1.46% lower — all else being equal — when OPP.PRC shares open for trading on 5/1/26. On an annualized basis, the current yield is approximately 5.83%, which compares to an average yield of 6.33% in the "ETFs & CEFs" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of OPP.PRC shares, versus OPP:

Below is a dividend history chart for OPP.PRC, showing historical dividends prior to the most recent $0.15 on RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock:

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**Free Report: Top 8%+ Dividends (paid monthly)**

In Thursday trading, RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's 6.00% Series C Term Preferred Stock (Symbol: OPP.PRC) is currently trading flat on the day, while the common shares (Symbol: OPP) are up about 0.7%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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