Source Capital, Inc. (NYSE:SOR) Plans $0.21 Monthly Dividend

Key Points

• Source Capital, Inc. has announced a monthly dividend of $0.21 per share, with an annualized yield of 5.5% for investors of record on September 17th.
• The company's stock opened at $45.06, with a 12-month trading range between a low of $38.66 and a high of $46.34.
• Source Capital is a closed-end balanced fund managed by First Pacific Advisors, focusing on investing in small to mid-cap value stocks across various sectors in the U.S. public equity markets.

Source Capital, Inc. (NYSE:SOR - Get Free Report) announced a monthly dividend on Friday, August 22nd. Investors of record on Wednesday, September 17th will be given a dividend of 0.2083 per share by the financial services provider on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 17th.

Source Capital Stock Up 0.1%

Source Capital stock opened at $45.06 on Monday. The firm's fifty day moving average price is $44.10 and its 200 day moving average price is $42.70. Source Capital has a 12-month low of $38.66 and a 12-month high of $46.34.

About Source Capital

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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