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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Thursday, July 25th, NASDAQ reports. Stockholders of record on Tuesday, September 17th will be paid a dividend of 0.2083 per share by the financial services provider on Monday, September 30th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date of this dividend is Tuesday, September 17th.

Source Capital Stock Up 0.4 %

SOR traded up $0.18 on Friday, reaching $43.99. The stock had a trading volume of 10,177 shares, compared to its average volume of 13,094. The business’s 50-day moving average price is $43.79 and its two-hundred day moving average price is $42.91. Source Capital has a 12-month low of $37.26 and a 12-month high of $47.91.

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.