Source Capital, Inc. (NYSE:SOR – Get Free Report) announced a monthly dividend on Tuesday, April 21st. Shareholders of record on Thursday, August 13th will be given a dividend of 0.2083 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, August 13th.
Source Capital Stock Performance
Shares of SOR opened at $46.60 on Tuesday. Source Capital has a 1 year low of $43.61 and a 1 year high of $50.41. The business has a 50-day moving average of $45.75 and a 200-day moving average of $46.39.
About Source Capital
Source Capital Inc is an externally managed specialty finance company that provides flexible financing solutions to U.S. middle-market companies. Structured as a closed-end investment company, it focuses on investing in both debt and equity securities of businesses seeking growth capital, refinancing, acquisitions, recapitalizations and other strategic initiatives.
The company’s investment strategy encompasses senior secured loans, unitranche facilities, second-lien financings, mezzanine debt and equity co-investments.
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