Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, July 21st. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Thursday, October 15th.
Source Capital Trading Up 0.2%
NYSE SOR opened at $45.91 on Wednesday. The stock has a fifty day simple moving average of $45.60 and a 200-day simple moving average of $46.52. Source Capital has a twelve month low of $41.98 and a twelve month high of $50.41.
Source Capital Company Profile
Source Capital Inc is an externally managed specialty finance company that provides flexible financing solutions to U.S. middle-market companies. Structured as a closed-end investment company, it focuses on investing in both debt and equity securities of businesses seeking growth capital, refinancing, acquisitions, recapitalizations and other strategic initiatives.
The company’s investment strategy encompasses senior secured loans, unitranche facilities, second-lien financings, mezzanine debt and equity co-investments.
Featured Stories
- Five stocks we like better than Source Capital
- Has Wall Street Got Monday.com Completely Wrong?
- Archer and Anduril Put ACHR Stock on a New Defense Flight Path
- PayPal Rejected a $53 Billion Takeover Bid: Is the Stock Undervalued?
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
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.
