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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Wednesday, October 30th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.2083 per share by the financial services provider on Monday, December 30th. This represents a $2.50 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend is Monday, December 16th.

Source Capital Price Performance

Shares of NYSE:SOR traded up $0.28 during trading on Friday, hitting $45.18. The company had a trading volume of 1,659 shares, compared to its average volume of 12,515. The company has a fifty day simple moving average of $44.53 and a two-hundred day simple moving average of $44.00. Source Capital has a one year low of $39.36 and a one year high of $47.91.

About Source Capital

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.