Special Opportunities Fund, Inc. Dividend Declaration

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a quarterly cash dividend on the Fund’s 3.50% Convertible Preferred Stock, Series B.

The dividend is payable on March 31, 2021 to holders of record as of March 22, 2021, at the rate of $0.21875 per share.

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