Source Capital, Inc. (NYSE:SOR - Get Free Report) announced a -- dividend on Monday, December 30th,Wall Street Journal reports. Investors of record on Monday, December 30th will be paid a dividend of 2.6584 per share by the financial services provider on Thursday, January 9th. This represents a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, December 30th. This is a boost from Source Capital's previous -- dividend of $2.59.
Source Capital Stock Performance
Shares of SOR stock traded down $3.12 on Monday, reaching $42.29. The company had a trading volume of 34,305 shares, compared to its average volume of 12,489. The company has a 50-day moving average of $44.73 and a 200-day moving average of $44.15. Source Capital has a 12 month low of $39.36 and a 12 month high of $47.91.
About Source Capital
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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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