Source Capital, Inc. Announces — Dividend of $0.21 (NYSE:SOR)

Source Capital, Inc. (NYSE:SOR) declared a — dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.2083 per share by the financial services provider on Friday, May 30th. This represents a dividend yield of 6%. The ex-dividend date is Thursday, May 15th.

Source Capital Trading Up 1.2 %

Shares of SOR stock opened at $41.84 on Tuesday. The business’s 50 day moving average is $42.27 and its two-hundred day moving average is $43.59. Source Capital has a 12 month low of $41.00 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.