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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Monday, June 2nd, Wall Street Journal reports. Shareholders of record on Thursday, August 14th will be given a dividend of 0.2083 per share by the financial services provider on Friday, August 29th. This represents a $2.50 annualized dividend and a yield of 5.87%. The ex-dividend date is Thursday, August 14th.

Source Capital Stock Up 0.0%

Shares of SOR opened at $42.56 on Monday. The company has a 50-day simple moving average of $41.47 and a 200-day simple moving average of $42.63. Source Capital has a 52 week low of $38.66 and a 52 week high of $46.34.

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.