Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Friday, November 21st. Investors of record on Thursday, January 15th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, January 30th. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, January 15th.
Source Capital Price Performance
Shares of Source Capital stock opened at $47.91 on Tuesday. Source Capital has a 52-week low of $38.66 and a 52-week high of $50.41. The company’s fifty day moving average price is $46.84 and its two-hundred day moving average price is $45.35.
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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