Media stories about Source Capital (NYSE:SOR) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Source Capital earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.6304130623572 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Source Capital (NYSE:SOR) opened at $41.56 on Wednesday. Source Capital has a one year low of $37.02 and a one year high of $42.97.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Thursday, March 1st. This is a boost from Source Capital’s previous quarterly dividend of $0.24.
Source Capital Company Profile
Source Capital, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The Fund’s investments include semiconductor devices, advertising and marketing, life science equipment, exploration and production, commercial mortgage-backed securities, insurance brokers, communications equipment, electrical power equipment, food and drug stores, corporate bonds and notes, residential mortgage-backed securities, asset-backed securities, corporate bank debt, other common stocks and electrical components.
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