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Source Capital, Inc. - SOR STOCK NEWS

Welcome to our dedicated news page for Source Capital (Ticker: SOR), a resource for investors and traders seeking the latest updates and insights on Source Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Source Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Source Capital's position in the market.

Rhea-AI Summary
Source Capital, Inc. (NYSE: SOR) announces the approval to maintain the regular monthly distribution rate for the next three months, with each common share receiving $0.2083 in June, July, and August 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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none
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Rhea-AI Summary
Source Capital, Inc. (NYSE: SOR) has announced the approval of maintaining the regular monthly distribution rate for the next three months. The regular monthly distributions for March, April, and May 2024 will be $0.2083 per common share, with record and payable dates specified for each month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
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Rhea-AI Summary
Source Capital, Inc. (NYSE: SOR) announces extension of Discount Management Program and Stock Repurchase Program, along with updates to investment strategy and upcoming investor call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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none
Rhea-AI Summary
Source Capital, Inc. (NYSE: SOR) announces the approval of maintaining the regular monthly distribution rate for the next three months, along with a special distribution in December. The regular monthly distributions for December 2023, January 2024, and February 2024 are at a rate of $0.2083 per common share. Additionally, a special distribution of $0.5300 per common share is declared for December 2023. The record and payable dates for each distribution are also provided. The special year-end distribution is attributed to the Company's substantial capital gains realized in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
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Source Capital, Inc.

NYSE:SOR

SOR Rankings

SOR Stock Data

341.23M
13.02%
0.06%
Asset Management
Financial Services
Link
US
Los Angeles

About SOR

fpa is a leading practitioner of value investing. providing a prudent place to invest, we focus on generating superior returns over the long-term coupled with capital preservation. we consider ourselves investors, not traders, and foster a culture that promotes high ethical standards. fpa is located in los angeles, california. the firm is independently owned with 29 investment professionals and 74 employees in total. currently, fpa manages $30 billion across four equity strategies and one fixed income strategy. fpa's equity and fixed income styles are linked by a common fundamental value orientation. our goal is to provide a consistent, risk-averse and disciplined approach to long-term investing in individual securities with the objective of achieving superior total returns for client portfolios.