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

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Wednesday, October 30th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.2083 per share by the financial services provider on Monday, December 30th. This represents a $2.50 annualized dividend and a dividend yield of 5.53%. The ex-dividend date is Monday, December 16th.

Source Capital Stock Performance

Source Capital stock traded up $0.28 during mid-day trading on Friday, reaching $45.18. The stock had a trading volume of 1,659 shares, compared to its average volume of 12,515. Source Capital has a one year low of $39.36 and a one year high of $47.91. The company has a 50-day moving average price of $44.53 and a two-hundred day moving average price of $44.00.

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.