Source Capital announces regular distribution for quarter and special distribution.
M2 EQUITYBITES-November 13, 2018-Source Capital announces regular distribution for quarter and special distribution
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Source Capital Inc (NYSE:SOR) disclosed on Tuesday that its board of directors approved a regular quarterly distribution of USD0.25 per share and special distribution of USD3.20 per share.
With an ex-distribution date of 29 November, the distributions will be made on 15 December to all shareholders of record date on 30 November 2018.
A diversified, closed-end management investment company, Source Capital seeks maximum total return for shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. It invests in the public equity markets of the US.
The company was launched and is managed by First Pacific Advisors LLC.
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|Publication:||M2 EquityBites (EQB)|
|Article Type:||Financial report|
|Date:||Nov 13, 2018|
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