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

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Tuesday, April 16th, NASDAQ reports. Shareholders of record on Tuesday, June 18th will be given a dividend of 0.2083 per share by the financial services provider on Friday, June 28th. This represents a $2.50 annualized dividend and a yield of 5.79%. The ex-dividend date of this dividend is Tuesday, June 18th.

Source Capital Stock Down 0.3 %

Source Capital stock traded down $0.11 during trading hours on Friday, hitting $43.15. The company had a trading volume of 4,402 shares, compared to its average volume of 15,781. Source Capital has a one year low of $37.26 and a one year high of $47.91. The firm has a 50-day moving average of $42.35 and a 200 day moving average of $41.30.

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.