Source Capital, Inc. (NYSE:SOR) announced a quarterly dividend on Tuesday, November 13th, Wall Street Journal reports. Stockholders of record on Friday, November 30th will be given a dividend of 0.25 per share by the financial services provider on Saturday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Thursday, November 29th.
Source Capital has decreased its dividend payment by an average of 26.1% per year over the last three years.
NYSE:SOR opened at $36.76 on Friday. Source Capital has a 1-year low of $35.68 and a 1-year high of $42.97.
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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.
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