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Comprehensive Overview of Source Capital's Dividend and Recent Developments Prior to Jul 16, 2025 Ex-Dividend Date
Written byCashCow
Saturday, Jul 12, 2025 7:14 pm ET1min read
Source Capital (SOR) has announced a cash dividend of $0.208 per share, with the ex-dividend date set for Jul 16, 2025, and the payment date on Jul 31, 2025. The announcement was made on May 29, 2025. This dividend is the same as the last payment made on Jun 30, 2025. However, it is lower than the average of the last ten dividends, which stands at approximately $0.847 per share. The consistency of the dividend type, cash distribution, reflects the company's ongoing commitment to returning value to shareholders.
As of late, has been gaining attention due to several significant developments. Over the past week, the Aroon Indicator for entered an uptrend on Jul 10, 2025, suggesting the potential for a bullish momentum. This shift was preceded by the Momentum Indicator moving above the zero level on Jun 18, 2025, indicating a possible upward trend in the stock's performance. Meanwhile, D.A. Davidson & CO. recently acquired 14,076 shares of Source Capital, reflecting growing investor confidence and potentially influencing the stock's upward movement, which saw a modest increase of $0.15, or 0.3%, during recent trading.
In addition to these market movements, Source Capital's fundamental strategy continues to focus on value stocks of small to mid-cap companies, employing a bottom-up stock selection approach. This strategic focus highlights the company's dedication to identifying undervalued opportunities and generating long-term shareholder value. Moreover, Source Capital's recent reorganization, maintaining a one-to-one shareholding ratio, indicates a stable structural outlook for the company. These developments, combined with strong insider ownership, underscore the company's solid financial foundation and strategic direction.
In conclusion, Source Capital is poised for potential growth as it navigates the current market landscape with strategic alignment and investor support. Investors should note that Jul 16, 2025, is the crucial ex-dividend date, marking the last opportunity to purchase shares and qualify for the upcoming dividend. Purchases made after this date will not be eligible for the dividend payout this time.
As of late, has been gaining attention due to several significant developments. Over the past week, the Aroon Indicator for entered an uptrend on Jul 10, 2025, suggesting the potential for a bullish momentum. This shift was preceded by the Momentum Indicator moving above the zero level on Jun 18, 2025, indicating a possible upward trend in the stock's performance. Meanwhile, D.A. Davidson & CO. recently acquired 14,076 shares of Source Capital, reflecting growing investor confidence and potentially influencing the stock's upward movement, which saw a modest increase of $0.15, or 0.3%, during recent trading.
In addition to these market movements, Source Capital's fundamental strategy continues to focus on value stocks of small to mid-cap companies, employing a bottom-up stock selection approach. This strategic focus highlights the company's dedication to identifying undervalued opportunities and generating long-term shareholder value. Moreover, Source Capital's recent reorganization, maintaining a one-to-one shareholding ratio, indicates a stable structural outlook for the company. These developments, combined with strong insider ownership, underscore the company's solid financial foundation and strategic direction.
In conclusion, Source Capital is poised for potential growth as it navigates the current market landscape with strategic alignment and investor support. Investors should note that Jul 16, 2025, is the crucial ex-dividend date, marking the last opportunity to purchase shares and qualify for the upcoming dividend. Purchases made after this date will not be eligible for the dividend payout this time.
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