Source Capital, Inc. (NYSE:SOR - Get Free Report) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Friday, January 17th.
Source Capital stock traded up $0.12 during midday trading on Friday, hitting $44.04. 21,822 shares of the company's stock were exchanged, compared to its average volume of 12,931. Source Capital has a 52-week low of $37.99 and a 52-week high of $47.91. The stock has a 50-day moving average price of $44.12 and a two-hundred day moving average price of $43.40.
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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