Source Capital, Inc. (NYSE:SOR - Get Free Report) declared a monthly dividend on Friday, May 30th, Wall Street Journal reports. Stockholders of record on Thursday, August 14th will be given a dividend of 0.2083 per share by the financial services provider on Friday, August 29th. This represents a $2.50 annualized dividend and a dividend yield of 5.89%. The ex-dividend date of this dividend is Thursday, August 14th.
Source Capital Stock Performance
Shares of NYSE:SOR traded down $0.15 during trading hours on Monday, hitting $42.41. 32,760 shares of the company's stock traded hands, compared to its average volume of 12,538. Source Capital has a 52 week low of $38.66 and a 52 week high of $46.34. The company's fifty day simple moving average is $41.48 and its two-hundred day simple moving average is $42.62.
Source Capital Company Profile
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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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