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

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Friday, January 24th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.2083 per share by the financial services provider on Monday, March 31st. This represents a $2.50 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Friday, March 14th.

Source Capital Stock Down 0.5 %

Shares of Source Capital stock opened at $42.10 on Friday. The stock’s fifty day moving average is $44.11 and its 200 day moving average is $44.04. Source Capital has a one year low of $39.78 and a one year high of $47.91.

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.