Source Capital, Inc. (NYSE:SOR), today filed with the U.S. Securities and Exchange Commission its Certified Shareholder Report (Form N-CSR) for the year ended December 31, 2012, which contains the Company’s 2012 Annual Report. The Form N-CSR is available at the SEC’s website, www.sec.gov. In addition, the Company’s Annual Report has been posted on the Company’s website, www.fpafunds.com, and will be furnished upon request, without charge, by contacting the Company at (800) 982-4372. The Annual Report is expected to be mailed to shareholders no later than February 28, 2013. The Company also reported the following Total Net Assets and Net Asset Value per Common Share at year end December 31, 2012:
Total Net Assets (1)
Net Asset Value
per Common Share (1)
(1) After payment of $3.47 per share on the Common Stock during the 12-month period ended December 31, 2012.
Looking at the universe of stocks we cover at Dividend Channel, on 2/18/15, Source Capital Incorporated will trade ex-dividend, for its quarterly dividend of $0.85, payable on 3/15/15. As a percentage of SOR's recent stock price of $70.70, this dividend works out to approximately 1.20%, so look for shares of Source Capital Incorporated to trade 1.20% lower — all else being equal — when SOR shares open for trading on 2/18/15.