Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, January 20th. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Thursday, May 14th.
Source Capital Price Performance
Shares of SOR opened at $46.38 on Tuesday. Source Capital has a one year low of $41.50 and a one year high of $50.41. The stock’s fifty day moving average is $46.23 and its 200-day moving average is $46.87.
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.
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