Source Capital, Inc. (NYSE:SOR – Get Free Report) declared a monthly dividend on Tuesday, April 21st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.2083 per share by the financial services provider on Friday, July 31st. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date is Wednesday, July 15th.
Source Capital Stock Performance
Shares of Source Capital stock opened at $46.26 on Monday. Source Capital has a one year low of $41.98 and a one year high of $50.41. The firm has a fifty day moving average of $45.68 and a two-hundred day moving average of $46.58.
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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