SmarterDividends
SPE

Special Opportunities Fund, Inc.

SPE

Financial Services · Stock · monthly payer

Forward Yield

9.34%

Annual Dividend

$1.31

Payout Ratio

66%

5-Yr Growth

3.2%

Ex-Date

Jun 16, 2026

Frequency

Monthly

SPE Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage66% of earnings paid out
Yield vs its historyYield in line with its history

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

Is SPE a good dividend stock?

Yes, with caveats

Special Opportunities Fund, Inc. (SPE) pays a monthly dividend yielding 9.34% ($1.31/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2023
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    9.34%
    Payout Ratio
    66%
    Annual Dividend
    $1.31
    5-Yr Avg Growth
    3.2%
    Ex-Dividend Date
    Jun 16, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.76
    Market Cap
    $149.0M
    P/E Ratio
    7.1
    5-Yr Total Return
    -8%
    52-Week Range
    $13.43 – $15.99
    Dividend Safety
    C · 60/100
    Ever Cut?
    Yes (2023)
    SPE ex-dividend date & scheduleNext ex-date Jun 16, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.31 / yr per share

    Per payment (monthly)$10.92
    Annual$131.00
    Monthly avg$10.92