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

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) declared 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) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 17th.

Source Capital Stock Down 0.1%

NYSE SOR traded down $0.04 during trading hours on Friday, reaching $45.08. The company's stock had a trading volume of 4,368 shares, compared to its average volume of 12,192. The firm's 50-day moving average price is $44.20 and its 200-day moving average price is $42.77. Source Capital has a 1 year low of $38.66 and a 1 year 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.