Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, April 21st. Stockholders of record on Tuesday, June 16th will be paid a dividend of 0.2083 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Tuesday, June 16th.
Source Capital Stock Down 0.4%
Shares of Source Capital stock opened at $45.36 on Friday. Source Capital has a 52 week low of $41.98 and a 52 week high of $50.41. The business’s fifty day simple moving average is $45.81 and its 200-day simple moving average is $46.83.
Source Capital Company Profile
Source Capital Inc is an externally managed specialty finance company that provides flexible financing solutions to U.S. middle-market companies. Structured as a closed-end investment company, it focuses on investing in both debt and equity securities of businesses seeking growth capital, refinancing, acquisitions, recapitalizations and other strategic initiatives.
The company’s investment strategy encompasses senior secured loans, unitranche facilities, second-lien financings, mezzanine debt and equity co-investments.
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