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

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Thursday, March 20th, NASDAQ Dividends reports. Investors of record on Wednesday, April 16th will be paid a dividend of 0.2083 per share by the financial services provider on Wednesday, April 30th. This represents a $2.50 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date is Wednesday, April 16th.

Source Capital Stock Performance

SOR traded down $0.27 during trading on Friday, reaching $41.44. 14,419 shares of the stock traded hands, compared to its average volume of 12,368. The stock’s 50-day moving average is $42.33 and its 200 day moving average is $43.64. Source Capital has a 12 month low of $41.00 and a 12 month high of $47.91.

Source Capital Company Profile

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.