Media headlines about Source Capital (NYSE:SOR) have been trending somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Source Capital earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.6711845410558 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Source Capital (NYSE:SOR) opened at $39.84 on Friday. Source Capital has a twelve month low of $35.85 and a twelve month high of $41.33.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, November 22nd.
In other news, VP Thomas H. Atteberry bought 1,000 shares of the business’s stock in a transaction on Tuesday, September 26th. The shares were bought at an average price of $40.08 per share, with a total value of $40,080.00. Following the completion of the transaction, the vice president now directly owns 2,000 shares in the company, valued at $80,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Thomas H. Atteberry bought 1,500 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was purchased at an average cost of $40.35 per share, for a total transaction of $60,525.00. Following the transaction, the vice president now owns 3,500 shares of the company’s stock, valued at $141,225. The disclosure for this purchase can be found here. Insiders purchased 3,380 shares of company stock worth $136,476 over the last quarter. 0.07% of the stock is currently owned by insiders.
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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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