Guggenheim Strategic Opportunities Fund (NYSE:GOF) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.1821 per share by the investment management company on Monday, December 31st. This represents a $2.19 annualized dividend and a dividend yield of 11.09%. The ex-dividend date is Thursday, December 13th. This is a positive change from Guggenheim Strategic Opportunities Fund’s previous monthly dividend of $0.18.
Shares of GOF stock opened at $19.71 on Wednesday. Guggenheim Strategic Opportunities Fund has a twelve month low of $18.70 and a twelve month high of $22.39.
In other news, insider Randall C. Barnes purchased 3,950 shares of the stock in a transaction dated Wednesday, September 26th. The shares were purchased at an average price of $20.55 per share, with a total value of $81,172.50. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders have bought 5,200 shares of company stock worth $105,661.
Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.
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