Source Capital, Inc. (SOR) To Go Ex-Dividend on August 13th

Source Capital, Inc. (NYSE:SOR) announced a monthly dividend on Tuesday, April 21st. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.2083 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, August 13th.

Source Capital Trading Down 0.1%

Shares of SOR stock opened at $46.60 on Thursday. The stock has a 50 day simple moving average of $46.73 and a two-hundred day simple moving average of $46.80. Source Capital has a fifty-two week low of $40.09 and a fifty-two week high of $50.41.

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.