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

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

Source Capital Price Performance

NYSE SOR traded down $0.27 during trading hours on Friday, hitting $41.44. The company’s stock had a trading volume of 14,419 shares, compared to its average volume of 12,368. The company’s 50 day simple moving average is $42.33 and its two-hundred day simple 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.