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

Source Capital, Inc. (NYSE:SOR) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Friday, January 17th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, January 31st. This represents a $2.50 annualized dividend and a yield of 5.68%. The ex-dividend date is Friday, January 17th.

Source Capital Stock Up 0.3 %

Shares of SOR stock opened at $44.04 on Friday. Source Capital has a fifty-two week low of $37.99 and a fifty-two week high of $47.91. The stock’s 50-day moving average is $44.11 and its two-hundred day moving average is $43.42.

Source Capital Company Profile

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.