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

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Wednesday, October 30th,NASDAQ Dividends reports. Investors 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 Trading Up 0.6 %

Shares of NYSE:SOR traded up $0.28 on Friday, hitting $45.18. 1,659 shares of the company were exchanged, compared to its average volume of 12,515. The stock’s 50 day moving average price is $44.53 and its 200 day moving average price is $44.00. Source Capital has a 1-year low of $39.36 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.