Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Thursday, April 18th, Wall Street Journal reports. Shareholders of record on Tuesday, July 16th will be paid a dividend of 0.2083 per share by the financial services provider on Wednesday, July 31st. This represents a $2.50 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend is Tuesday, July 16th.
Source Capital has raised its dividend by an average of 33.6% annually over the last three years and has increased its dividend every year for the last 1 years.
Source Capital Stock Performance
SOR traded up $0.20 during trading on Thursday, reaching $41.26. The company had a trading volume of 6,782 shares, compared to its average volume of 14,422. The business’s fifty day moving average price is $41.55 and its 200 day moving average price is $40.21. Source Capital has a 12 month low of $36.48 and a 12 month high of $42.92.
Institutional Trading of Source Capital
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.
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