RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
OPP-PAFinancial Services · Stock · quarterly payer
Forward Yield
6.80%
Annual Dividend
$1.09
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Aug 3, 2026
Frequency
Quarterly
Summary
As of July 2026, RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP-PA) yields 6.80% ($1.09 per share annually), with a blended fair-value estimate of $19.03 — +18% upside, so it screens as undervalued. Dividend safety grade: B (75/100).
Is OPP-PA a good dividend stock?
YesRiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP-PA) pays a quarterly dividend yielding 6.80% ($1.09/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.80%
- Payout Ratio
- —
- Annual Dividend
- $1.09
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 3, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -35%
- 52-Week Range
- $16.00 – $17.80
- Dividend Safety
- B · 75/100
- Ever Cut?
- No
Frequently Asked Questions
OPP-PA Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
-13%
5 Years
-35%
52-Week Range
$16.00 – $17.80
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OPP-PA worth?
Undervaluedlow confidenceOur blended fair-value estimate for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is $19.03 per share, versus a market price of $16.08. That implies 18% of upside — a margin of safety of about 16%.
Fair Value
$19.03
Current Price
$16.08
Upside
+18%
Margin of Safety
16%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 5.9% stage-1 growth, 2.5% terminal growth, $1.09 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OPP-PA Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 1, 2026 | — | $0.2734 | regular |
| Feb 2, 2026 | — | $0.2734 | regular |
| Nov 3, 2025 | — | $0.2734 | regular |
| Aug 1, 2025 | — | $0.2734 | regular |
| May 1, 2025 | — | $0.2734 | regular |
| Feb 3, 2025 | — | $0.2734 | regular |
| Nov 1, 2024 | — | $0.2734 | regular |
| Aug 1, 2024 | — | $0.2734 | regular |
| May 1, 2024 | — | $0.2734 | regular |
| Feb 1, 2024 | — | $0.2734 | regular |
| Nov 1, 2023 | — | $0.2734 | regular |
| Aug 1, 2023 | — | $0.2734 | regular |
| May 1, 2023 | — | $0.2734 | regular |
| Feb 1, 2023 | — | $0.2734 | regular |
Income Calculator
At $1.09 / yr per share
