Reminder - Source Capital (SOR) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/22/16, Source Capital Incorporated (SOR) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 12/15/16. As a percentage of SOR's recent stock price of $35.87, this dividend works out to approximately 0.98%, so look for shares of Source Capital Incorporated to trade 0.98% lower — all else being equal — when SOR shares open for trading on 11/22/16.

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Below is a dividend history chart for SOR, showing historical dividends prior to the most recent $0.35 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 3.90% 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 $33.69 per share, with $71.66 as the 52 week high point — that compares with a last trade of $35.87.

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

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