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

Source Capital, Inc. (NYSE:SOR) announced 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 of this dividend is Wednesday, April 16th.

Source Capital Stock Performance

Source Capital stock traded down $0.27 on Friday, hitting $41.44. 14,419 shares of the stock traded hands, compared to its average volume of 12,368. The business’s fifty day simple moving average is $42.33 and its 200 day simple moving average is $43.64. Source Capital has a 1 year low of $41.00 and a 1 year 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.