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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Friday, January 17th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, January 31st. This represents a $2.50 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend is Friday, January 17th.

Source Capital Stock Performance

Shares of SOR opened at $44.04 on Friday. The stock has a 50-day moving average of $44.11 and a 200-day moving average of $43.42. Source Capital has a one year low of $37.99 and a one 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.