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

Source Capital, Inc. (NYSE:SOR) declared 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 %

NYSE:SOR traded down $0.21 during mid-day trading on Friday, hitting $42.10. The stock had a trading volume of 16,887 shares, compared to its average volume of 24,006. Source Capital has a twelve month low of $39.78 and a twelve month high of $47.91. The stock has a 50-day simple moving average of $44.20 and a two-hundred day simple moving average of $44.07.

About Source Capital

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.