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

Key Points

• Source Capital, Inc. has declared a monthly dividend of $0.21 per share, payable on October 31st to stockholders of record on October 16th, resulting in an annualized dividend yield of 5.5%.
• As of Tuesday, shares of NYSE SOR are trading at $45.64, with a 52-week range between $38.66 and $47.00.
• Source Capital primarily invests in value stocks of small to mid-cap companies across various sectors in the public equity markets of the United States.

Source Capital, Inc. (NYSE:SOR - Get Free Report) declared a monthly dividend on Friday, August 22nd. Stockholders of record on Thursday, October 16th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Thursday, October 16th.

Source Capital Trading Up 0.7%

Shares of NYSE SOR opened at $45.64 on Tuesday. The firm's 50 day moving average price is $44.69 and its 200-day moving average price is $43.19. Source Capital has a 52-week low of $38.66 and a 52-week high of $47.00.

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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