Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Friday, November 21st. Investors of record on Friday, February 13th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, February 13th.
Source Capital Price Performance
NYSE SOR traded down $0.04 during trading on Wednesday, reaching $48.01. The company’s stock had a trading volume of 2,017 shares, compared to its average volume of 13,092. Source Capital has a 1-year low of $38.66 and a 1-year high of $50.41. The business has a 50-day moving average price of $47.53 and a 200-day moving average price of $45.98.
About Source Capital
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.
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