 NEW YORK--BUSINESS WIRE--Special Opportunities Fund, Inc. NYSE: SPE the Fund today announced that the Funds Board of Directors has declared a quarterly cash dividend on the Funds 3.50 Convertible Preferred Stock, Series B. The dividend is payable on December 31, 2020 to holders of record as of December 21, 2020, at the rate of 0.21875 per share. 