Source Capital, Inc. (NYSE:SOR - Get Free Report) declared a monthly dividend on Monday, June 2nd, Wall Street Journal reports. Stockholders of record on Thursday, August 14th will be paid 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 5.88%. The ex-dividend date is Thursday, August 14th.
Source Capital Price Performance
Shares of NYSE:SOR traded down $0.18 during mid-day trading on Thursday, reaching $42.52. 10,101 shares of the company's stock were exchanged, compared to its average volume of 12,573. The business's fifty day moving average price is $41.52 and its 200-day moving average price is $42.62. Source Capital has a twelve month low of $38.66 and a twelve month 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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