Source Capital, Inc. is a close-ended balanced fund launched and managed by First Pacific Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small to mid cap companies. It employs fundamental analysis with a bottom-up stock selection approach, focusing on such factors as high liquidity, relatively unleveraged balance sheets, and long-term ability to earn above-average returns on capital to create its portfolio. The fund benchmarks the performance of its portfolio against the Russell 2500 Index, the S&P 500 Index, and the Nasdaq Composite Index. Source Capital, Inc. was formed in June 1, 1968 and is domiciled in the United States.
Source Capital Dividend Announcement
• Source Capital announced a monthly dividend of $0.21 per ordinary share which will be made payable on 2025-02-28. Ex dividend date: 2025-02-14
• Source Capital's trailing twelve-month (TTM) dividend yield is 6.68%
Source Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-02-14 | $0.21 | monthly | 2025-02-28 |
2025-01-17 | $0.21 | monthly | 2025-01-31 |
2024-12-16 | $0.21 | monthly | 2024-12-30 |
2024-11-14 | $0.21 | monthly | 2024-11-29 |
2024-10-15 | $0.21 | monthly | 2024-10-31 |
2024-09-17 | $0.21 | monthly | 2024-09-30 |
2024-08-15 | $0.21 | monthly | 2024-08-30 |
2024-07-16 | $0.21 | monthly | 2024-07-31 |
2024-06-18 | $0.21 | monthly | 2024-06-28 |
2024-05-15 | $0.21 | monthly | 2024-05-31 |
2024-04-17 | $0.21 | monthly | 2024-04-30 |
2024-03-14 | $0.21 | monthly | 2024-03-28 |
2024-02-15 | $0.21 | monthly | 2024-02-29 |
2024-01-16 | $0.21 | monthly | 2024-01-31 |
2023-12-15 | $0.74 | monthly | 2023-12-29 |
2023-11-15 | $0.21 | monthly | 2023-11-30 |
2023-10-16 | $0.21 | monthly | 2023-10-31 |
2023-09-15 | $0.21 | monthly | 2023-09-29 |
2023-08-15 | $0.21 | monthly | 2023-08-31 |
2023-07-17 | $0.21 | monthly | 2023-07-31 |
2023-06-15 | $0.21 | monthly | 2023-06-30 |
2023-05-15 | $0.18 | monthly | 2023-05-31 |
2023-04-17 | $0.18 | monthly | 2023-04-28 |
2023-03-15 | $0.18 | monthly | 2023-03-31 |
2023-02-15 | $0.18 | monthly | 2023-02-28 |
2023-01-13 | $0.18 | monthly | 2023-01-31 |
2022-12-15 | $0.18 | monthly | 2022-12-29 |
2022-11-15 | $0.18 | monthly | 2022-11-30 |
2022-10-17 | $0.18 | monthly | 2022-10-31 |
2022-09-15 | $0.18 | monthly | 2022-09-30 |
2022-08-15 | $0.18 | monthly | 2022-08-31 |
2022-07-15 | $0.18 | monthly | 2022-07-29 |
2022-06-15 | $0.18 | monthly | 2022-06-30 |
2022-05-16 | $0.18 | monthly | 2022-05-31 |
2022-04-18 | $0.18 | monthly | 2022-04-29 |
2022-03-15 | $0.18 | monthly | 2022-03-31 |
2022-02-15 | $0.18 | monthly | 2022-02-28 |
2022-01-14 | $0.18 | monthly | 2022-01-31 |
2021-12-15 | $2.77 | monthly | 2021-12-30 |
2021-11-15 | $0.18 | monthly | 2021-11-30 |
2021-10-15 | $0.18 | monthly | 2021-10-29 |
2021-09-15 | $0.18 | monthly | 2021-09-30 |
2021-09-02 | $0.18 | monthly | |
2021-08-16 | $0.18 | monthly | 2021-08-31 |
2021-07-15 | $0.18 | monthly | 2021-07-30 |
2021-06-15 | $0.18 | monthly | 2021-06-30 |
2021-05-14 | $0.18 | monthly | 2021-05-28 |
2021-04-15 | $0.18 | monthly | 2021-04-30 |
2021-03-15 | $0.18 | monthly | 2021-03-31 |
2021-02-11 | $0.08 | monthly | 2021-02-26 |
2021-01-15 | $0.08 | monthly | 2021-01-29 |
2020-11-25 | $0.89 | monthly | 2020-12-15 |
2020-08-27 | $0.25 | monthly | 2020-09-15 |
2020-05-28 | $0.25 | monthly | 2020-06-15 |
2020-02-27 | $0.25 | monthly | 2020-03-15 |
2019-11-27 | $0.25 | monthly | 2019-12-15 |
2019-08-29 | $0.25 | monthly | 2019-09-15 |
2019-05-30 | $0.25 | monthly | 2019-06-15 |
2019-02-28 | $0.25 | monthly | 2019-03-15 |
2018-11-29 | $3.20 | monthly | 2018-12-15 |
2018-08-30 | $0.25 | monthly | 2018-09-15 |
2018-05-31 | $0.25 | monthly | 2018-06-15 |
2018-03-01 | $0.25 | monthly | 2018-03-15 |
2017-11-22 | $0.68 | monthly | 2017-12-15 |
2017-08-23 | $0.35 | monthly | 2017-09-15 |
2017-05-24 | $0.35 | monthly | 2017-06-15 |
2017-02-22 | $0.35 | monthly | 2017-03-15 |
2016-11-22 | $0.35 | monthly | |
2016-08-24 | $0.41 | monthly | 2016-09-15 |
2016-05-18 | $0.41 | monthly | 2016-06-15 |
2016-03-16 | $33.65 | monthly | |
2016-02-17 | $0.41 | monthly | 2016-03-15 |
2015-11-24 | $1.45 | monthly | 2015-12-15 |
2015-08-26 | $0.85 | monthly | 2015-09-15 |
2015-05-20 | $0.85 | monthly | 2015-06-15 |
2015-02-18 | $0.85 | monthly | 2015-03-15 |
2014-11-19 | $1.80 | monthly | 2014-12-15 |
2014-08-20 | $0.80 | monthly | 2014-09-15 |
2014-05-21 | $0.80 | monthly | 2014-06-15 |
2014-02-19 | $0.80 | monthly | 2014-03-15 |
Source Capital Dividend per year
Source Capital Dividend growth
Source Capital Dividend Yield
Source Capital current trailing twelve-month (TTM) dividend yield is 6.68%. Interested in purchasing Source Capital stock? Use our calculator to estimate your expected dividend yield:
Source Capital Financial Ratios
Source Capital Dividend FAQ
Other factors to consider when evaluating Source Capital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Source Capital stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Source Capital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Source Capital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Source Capital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Source Capital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Source Capital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Source Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Source Capital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Source Capital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Source Capital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.