Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, July 21st. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Thursday, October 15th.
Source Capital Stock Up 0.2%
Shares of Source Capital stock opened at $45.91 on Wednesday. The company has a fifty day moving average price of $45.60 and a 200 day moving average price of $46.52. Source Capital has a twelve month low of $41.98 and a twelve month high of $50.41.
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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