Guggenheim Strategic Opportunities Fund (NYSE:GOF) to Issue Dividend Increase – $0.18 Per Share

Guggenheim Strategic Opportunities Fund (NYSE:GOF) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Monday, July 15th will be given a dividend of 0.1821 per share by the investment management company on Wednesday, July 31st. This represents a $2.19 dividend on an annualized basis and a yield of 14.22%. The ex-dividend date is Monday, July 15th. This is a positive change from Guggenheim Strategic Opportunities Fund’s previous monthly dividend of $0.18.

Guggenheim Strategic Opportunities Fund Stock Down 0.1 %

GOF opened at $15.37 on Friday. The firm’s fifty day simple moving average is $14.78 and its two-hundred day simple moving average is $14.25. Guggenheim Strategic Opportunities Fund has a 52-week low of $10.96 and a 52-week high of $16.20.

Insider Buying and Selling

In related news, insider Randall C. Barnes sold 5,849 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $15.02, for a total value of $87,851.98. The sale was disclosed in a document filed with the SEC, which is available through this link.

Guggenheim Strategic Opportunities Fund Company Profile

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.