Source Capital, Inc. (SOR) To Go Ex-Dividend on January 15th

by · The Markets Daily

Source Capital, Inc. (NYSE:SOR – Get Free Report) announced a monthly dividend on Friday, November 21st. Stockholders 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) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Thursday, January 15th.

Source Capital Trading Down 0.5%

SOR stock opened at $47.91 on Tuesday. The business’s fifty day moving average price is $46.84 and its 200 day moving average price is $45.35. Source Capital has a 12-month low of $38.66 and a 12-month high of $50.41.

About Source Capital

(Get Free Report)

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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