Media headlines about Source Capital (NYSE:SOR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Source Capital earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.6304130623572 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Source Capital (SOR) opened at $41.87 on Tuesday. Source Capital has a fifty-two week low of $37.02 and a fifty-two week high of $42.97. The company has a market capitalization of $361.07, a price-to-earnings ratio of 7.33 and a beta of 0.82.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.39%. This is a positive change from Source Capital’s previous quarterly dividend of $0.24. Source Capital’s payout ratio is presently 16.46%.
Source Capital Company Profile
Source Capital, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The Fund’s investments include semiconductor devices, advertising and marketing, life science equipment, exploration and production, commercial mortgage-backed securities, insurance brokers, communications equipment, electrical power equipment, food and drug stores, corporate bonds and notes, residential mortgage-backed securities, asset-backed securities, corporate bank debt, other common stocks and electrical components.
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