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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Friday, November 21st. Investors of record on Friday, February 13th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, February 13th.

Source Capital Trading Down 0.3%

SOR stock opened at $47.98 on Wednesday. Source Capital has a 1-year low of $38.66 and a 1-year high of $50.41. The business’s 50-day moving average price is $47.53 and its two-hundred day moving average price is $45.98.

Source Capital Company Profile

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.