Source Capital, Inc. (NYSE:SOR) Announces Monthly Dividend of $0.21

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Friday, January 24th,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.2083 per share by the financial services provider on Monday, March 31st. This represents a $2.50 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, March 14th.

Source Capital Stock Performance

SOR stock traded down $0.21 during trading on Friday, hitting $42.10. The company had a trading volume of 16,887 shares, compared to its average volume of 24,006. Source Capital has a 1-year low of $39.78 and a 1-year high of $47.91. The firm has a 50-day moving average price of $44.20 and a 200-day moving average price of $44.07.

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.