Source Capital, Inc. Increases Quarterly Distribution on Common Stock
LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE:SOR), today approved a 6.7% increase in the regular quarterly distribution on the Company’s common stock to 80 cents a common share, payable Mar. 15, 2014, to shareholders of record as of the close of business Feb. 21, 2014. The previous rate was 75 cents a common share.
Source Capital, Inc. is a closed-end investment company managed by First Pacific Advisors, LLC.