SOR Ex-Dividend Reminder - 8/20/14

Looking at the universe of stocks we cover at Dividend Channel, on 8/20/14, Source Capital Incorporated ( SOR) will trade ex-dividend, for its quarterly dividend of $0.80, payable on 9/15/14. As a percentage of SOR's recent stock price of $67.50, this dividend works out to approximately 1.19%, so look for shares of Source Capital Incorporated to trade 1.19% lower — all else being equal — when SOR shares open for trading on 8/20/14.

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Below is a dividend history chart for SOR, showing historical dividends prior to the most recent $0.80 declared by Source Capital Incorporated:

SOR+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SOR is likely to continue, and whether the current estimated yield of 4.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SOR shares, versus its 200 day moving average:

Source Capital Incorporated 200 Day Moving Average Chart

Looking at the chart above, SOR's low point in its 52 week range is $59.30 per share, with $70.78 as the 52 week high point — that compares with a last trade of $67.81.

In Monday trading, Source Capital Incorporated shares are currently up about 0.4% on the day.

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