Source Capital, Inc. (NYSE:SOR – Get Free Report) announced a monthly dividend on Tuesday, July 21st. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.2083 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, September 16th.
Source Capital Trading Up 0.0%
NYSE SOR opened at $46.57 on Monday. The business’s 50-day moving average price is $46.27 and its 200 day moving average price is $46.09. Source Capital has a twelve month low of $44.20 and a twelve month high of $50.41.
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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