Welcome to our dedicated page for Source Capital news (Ticker: SOR), a resource for investors and traders seeking the latest updates and insights on Source Capital stock.
Source Capital Inc. (SOR) provides investors with centralized access to official announcements and market analyses for this closed-end management investment specialist. This curated news hub delivers timely updates on portfolio strategies, capital allocation decisions, and corporate developments essential for understanding SOR's approach to balanced total returns.
Discover press releases detailing earnings results, leadership changes, and strategic initiatives alongside third-party analyses of the company's risk-managed investment framework. Content spans dividend declarations, asset management updates, and industry commentary relevant to SOR's focus on capital preservation through diversified holdings.
Bookmark this page for direct access to verified information about Source Capital's operational milestones and market positioning. Monitor updates through our real-time feed to stay informed about this closed-end fund's performance within evolving market conditions.
Source Capital (NYSE: SOR) announced it will reorganize into a Delaware Trust after market close on December 31, 2024, following shareholder approval from July 2024. The Fund will maintain its NYSE listing under the SOR ticker but will change its name to 'Source Capital'. A special year-end distribution for 2024 will be declared near December-end and paid in early January 2025, estimated at 1%-3% of net asset value. This distribution will be taxable in 2024. Future special year-end distributions, if required, will align with regular monthly December distributions.
Source Capital (NYSE: SOR) has announced its upcoming monthly distributions for December 2024 through February 2025. The Board of Directors has maintained a consistent monthly distribution rate of $0.2083 per common share for each month.
The distributions are scheduled as follows: December 2024 (record date: Dec 16, payable: Dec 30), January 2025 (record date: Jan 17, payable: Jan 31), and February 2025 (record date: Feb 14, payable: Feb 28).
Source Capital (NYSE: SOR) has announced its monthly distributions for the next three months. The Board of Directors approved maintaining the regular monthly distribution rate at $0.2083 per common share for September, October, and November 2024. The distributions will be payable on the following dates:
- September 30, 2024 (record date: September 17, 2024)
- October 31, 2024 (record date: October 15, 2024)
- November 29, 2024 (record date: November 14, 2024)
This decision demonstrates the Fund's commitment to providing consistent returns to its shareholders. Investors should note the record dates to ensure eligibility for the distributions.
FAQ
What is the current stock price of Source Capital (SOR)?
What is the market cap of Source Capital (SOR)?
