Source Capital, Inc. (NYSE:SOR – Get Rating) declared a monthly dividend on Thursday, May 12th, Wall Street Journal reports. Shareholders of record on Tuesday, August 16th will be given a dividend of 0.185 per share by the financial services provider on Wednesday, August 31st. This represents a $2.22 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date of this dividend is Monday, August 15th.
Source Capital has increased its dividend payment by an average of 5.8% per year over the last three years.
SOR opened at $38.55 on Friday. The company’s 50 day simple moving average is $40.37 and its two-hundred day simple moving average is $42.47. Source Capital has a 1-year low of $37.07 and a 1-year high of $47.50.
Source Capital Company Profile (Get Rating)
Source Capital, Inc is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies.
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