Source Capital Increases Quarterly Dividend by 10.4% to $0.23 Per Share
Source Capital (SOR) has announced a significant increase in its quarterly dividend, raising the payout from $0.21 to $0.23 per share. This represents a 10.4% growth in shareholder distributions. The company has outlined a schedule for upcoming payments through early next year. The current dividend carries a forward yield of approximately 1.98%. This move signals management's confidence in the company's cash flow and commitment to returning value to its investors.
Tickers: $SOR