Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, July 21st. Shareholders 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 yield of 5.4%. The ex-dividend date of this dividend is Wednesday, September 16th.
Source Capital Trading Up 0.2%
Shares of SOR stock opened at $45.91 on Wednesday. Source Capital has a 12 month low of $41.98 and a 12 month high of $50.41. The stock has a 50 day moving average of $45.60 and a two-hundred day moving average of $46.52.
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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