Source Capital, Inc. (SOR) to Issue Monthly Dividend of $0.21 on December 30th

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Wednesday, October 30th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given 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 yield of 5.53%. The ex-dividend date is Monday, December 16th.

Source Capital Trading Up 0.6 %

Shares of SOR traded up $0.28 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 12-month low of $39.36 and a 12-month high of $47.91. The company has a 50-day simple moving average of $44.53 and a 200-day simple moving average of $44.00.

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.