Source Capital, Inc. (SOR) To Go Ex-Dividend on May 15th

Source Capital, Inc. (NYSE:SOR) announced a — dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.2083 per share by the financial services provider on Friday, May 30th. This represents a dividend yield of 6%. The ex-dividend date is Thursday, May 15th.

Source Capital Price Performance

Source Capital stock opened at $41.86 on Wednesday. The company’s fifty day moving average price is $42.25 and its 200 day moving average price is $43.58. Source Capital has a 1 year low of $41.00 and a 1 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.