|Bid||42.43 x 1100|
|Ask||0.00 x 800|
|Day's range||44.73 - 45.55|
|52-week range||39.53 - 47.50|
|Beta (5Y monthly)||0.79|
|PE ratio (TTM)||17.92|
|Forward dividend & yield||2.22 (4.97%)|
|Ex-dividend date||15 Oct 2021|
|1y target est||N/A|
LOS ANGELES, September 08, 2021--The Board of Directors of Source Capital, Inc. (NYSE: SOR), approved maintaining the Fund’s regular monthly distribution rate for the next 3 months.
Source Capital, Inc. ("SOR" or the "Fund") announced a change to its stock repurchase program (the "Program") that will allow the Fund’s portfolio managers, board members and officers to increase their personal investments in SOR stock. Effective immediately, the Fund will be required to halt repurchases of capital stock each month on the first two days that the New York Stock Exchange is open, in order for persons affiliated with the Fund to trade its stock (the "Affiliated Purchaser Window"). The Affiliated Purchaser Window will be canceled for any month that the dividend to be paid during such month was not declared by the Board and announced at least five business days prior to such Affiliated Purchaser Window, or as otherwise determined by the Board.
The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the "Fund"), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows: