Source Capital, Inc. (NYSE:SOR - Get Free Report) announced 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 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend is Thursday, August 14th.
Source Capital Stock Up 0.6%
Shares of NYSE:SOR traded up $0.26 during trading on Tuesday, reaching $42.69. The stock had a trading volume of 17,713 shares, compared to its average volume of 12,557. The firm's 50-day simple moving average is $41.50 and its 200 day simple moving average is $42.62. Source Capital has a one year low of $38.66 and a one year high of $46.34.
About Source Capital
(
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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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