Special Opportunities Fund declares a $0.171875 dividend on Series C Preferred Stock, payable December 31, 2025.
Quiver AI Summary
Special Opportunities Fund, Inc. has announced that its Board of Directors has declared a cash dividend of $0.171875 per share for its 2.75% Convertible Preferred Stock, Series C. This dividend will be paid on December 31, 2025, to shareholders who are on record as of December 19, 2025. For additional information, interested parties can contact Thomas Antonucci at Bulldog Investors LLP.
Potential Positives
- The Fund has declared a cash dividend of $0.171875 per share, demonstrating a commitment to returning value to shareholders.
- The dividend is payable to holders of record, indicating a stable financial position and the ability to generate consistent returns.
- The announcement signifies the ongoing support and trust from the Board of Directors in the Fund's operational performance.
Potential Negatives
- The announcement of a cash dividend may indicate that the Fund is under financial pressure, as companies often resort to dividends to attract or retain investors during difficult times.
FAQ
What is the amount of the cash dividend declared by Special Opportunities Fund?
The cash dividend declared is $0.171875 per share on the 2.75% Convertible Preferred Stock, Series C.
When is the dividend payable to shareholders?
The dividend is payable on December 31, 2025, to holders of record as of December 19, 2025.
Who should I contact for more information regarding the dividend?
For more information, please contact Thomas Antonucci at Bulldog Investors LLP at 1-201-566-0092.
What type of stock is the dividend associated with?
The dividend is associated with the 2.75% Convertible Preferred Stock, Series C of the Fund.
What date was the dividend announcement made?
The dividend announcement was made on October 30, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SPE Hedge Fund Activity
We have seen 19 institutional investors add shares of $SPE stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SHAKER FINANCIAL SERVICES, LLC added 87,950 shares (+33.0%) to their portfolio in Q3 2025, for an estimated $1,363,225
- KOVITZ INVESTMENT GROUP PARTNERS, LLC removed 58,059 shares (-3.8%) from their portfolio in Q2 2025, for an estimated $899,333
- CSS LLC/IL removed 49,497 shares (-29.5%) from their portfolio in Q2 2025, for an estimated $766,708
- MORGAN STANLEY removed 45,803 shares (-39.2%) from their portfolio in Q2 2025, for an estimated $709,488
- GATEPASS CAPITAL, LLC added 45,400 shares (+51.1%) to their portfolio in Q3 2025, for an estimated $703,700
- BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC added 25,704 shares (+10.4%) to their portfolio in Q3 2025, for an estimated $398,412
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 20,486 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $317,328
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a cash dividend of $0.171875 per share on the Fund’s 2.75% Convertible Preferred Stock, Series C. The dividend is payable on December 31, 2025 to holders of record as of December 19, 2025.
For information, please contact: Thomas Antonucci, Bulldog Investors LLP (1-201-566-0092)
