Somewhat Positive News Coverage Somewhat Unlikely to Impact Source Capital (SOR) Share Price
News headlines about Source Capital (NYSE:SOR) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Source Capital earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.2461062743969 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Source Capital (NYSE SOR) opened at $42.05 on Friday. Source Capital has a 12-month low of $36.25 and a 12-month high of $42.10.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 24th were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $0.96 annualized dividend and a dividend yield of 2.28%.
Source Capital Company Profile
Source Capital, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The Fund’s investments include semiconductor devices, advertising and marketing, life science equipment, exploration and production, commercial mortgage-backed securities, insurance brokers, communications equipment, electrical power equipment, food and drug stores, corporate bonds and notes, residential mortgage-backed securities, asset-backed securities, corporate bank debt, other common stocks and electrical components.
Receive News & Ratings for Source Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Source Capital and related companies with MarketBeat.com's FREE daily email newsletter.