Special Opportunities Fund, Inc. (SPE) Dividend
Special Opportunities Fund, Inc. (SPE) currently pays a dividend yield of 10.76%, distributing $1.31 per share annually ($0.11 per month). The company operates in the Financial Services sector.
SPE has raised its dividend for 2 consecutive years.
SPE dividend at a glance
| Dividend Yield | 10.76% |
|---|---|
| Annual Dividend | $1.31 per share |
| Per Payment | $0.11 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | November 17, 2026 |
| Next Payment Date | December 1, 2026 |
| Payout Ratio | 143% |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $12.16 |
What SPE pays on a $10,000 investment
At a 10.76% yield, $10,000 invested in SPE generates about $1,076.00 per year, or roughly $89.67 every month. Share counts below use an implied price of $12.16, derived from the $1.31 annual dividend and the 10.76% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 82.3 | $107.60 | $8.97 |
| $5,000 | 411.3 | $538.00 | $44.83 |
| $10,000 | 822.6 | $1,076.00 | $89.67 |
| $25,000 | 2,056.6 | $2,690.00 | $224.17 |
| $100,000 | 8,226.3 | $10,760.00 | $896.67 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
SPE dividend payment schedule
SPE pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is November 17, 2026, with payment on December 1, 2026. Later rows are projected forward at the same interval and will shift when Special Opportunities Fund, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 17, 2026 | December 1, 2026 | $0.11 | Confirmed |
| December 17, 2026 | December 31, 2026 | $0.11 | Projected |
| January 17, 2027 | January 31, 2027 | $0.11 | Projected |
| February 17, 2027 | March 3, 2027 | $0.11 | Projected |
| March 17, 2027 | March 31, 2027 | $0.11 | Projected |
| April 17, 2027 | May 1, 2027 | $0.11 | Projected |
To collect a SPE dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How SPE's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. SPE's 10.76% is 7.19 percentage points above that median, ranking 238th of 1000 by yield.
Within Financial Services, where we track 157 names, the median yield is 9.52% — putting SPE above its sector.
Its 2-year run of dividend increases ranks 433rd out of the 553 names in our data with an active growth streak.
What the numbers mean
SPE pays out roughly 143% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
SPE pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
SPE dividend FAQ
When is the next SPE ex-dividend date?
The next SPE ex-dividend date is November 17, 2026, with the payment scheduled for December 1, 2026. You must own shares before the ex-dividend date to receive that payment.
What is SPE's dividend yield?
SPE currently yields 10.76%, based on $1.31 in dividends per share over the past year.
How often does SPE pay dividends?
SPE pays monthly, which works out to 12 payments per year of about $0.11 per share.
How much dividend income would $10,000 of SPE generate?
At the current 10.76% yield, $10,000 invested in SPE would produce roughly $1,076.00 per year, or about $89.67 per month, before taxes and assuming the dividend holds.
Has SPE increased its dividend?
Yes — SPE has raised its dividend for 2 consecutive years.
SPE dividend history
DivTrkr holds 287 recorded SPE dividend payments going back to 1993, with 2 consecutive complete years of increases. See the full SPE dividend history — every payment, annual totals and growth by year.
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Track SPE dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.