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Source Capital (Source Capital) Forward Dividend Yield %

: 6.01% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Source Capital is 6.01%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Source Capital is 5.95%.

SOR's Forward Dividend Yield % is ranked better than
51.74% of 1206 companies
in the Asset Management industry
Industry Median: 5.925 vs SOR: 6.01

Source Capital's Dividends per Share for the six months ended in Dec. 2023 was $1.25.

During the past 12 months, Source Capital's average Dividends Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Source Capital was 30.50% per year. The lowest was -5.70% per year. And the median was 29.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Source Capital's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Source Capital Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Source Capital's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Source Capital's Forward Dividend Yield % falls into.



Source Capital Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Source Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2082024-04-172024-04-182024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-12-152023-12-182023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-10-162023-10-172023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-09-152023-09-182023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-08-152023-08-162023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-07-172023-07-182023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2082023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1852023-05-152023-05-162023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Source Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.496/41.60
=6.00 %

Current Share Price is $41.60.
Source Capital's Dividends per Share for the forward twelve months is calculated as $0.208 * 12 = $2.496.

Source Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.473/41.60
=5.94 %

Current Share Price is $41.60.
Source Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.473.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Source Capital  (NYSE:SOR) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Source Capital Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Source Capital's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Source Capital (Source Capital) Business Description

Traded in Other Exchanges
N/A
Address
11601 Wilshire Boulevard, Suite 1200, Los Angeles, CA, USA, 90025
Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital. Its investment portfolio includes a wide range of securities with a primary emphasis on common stock.
Executives
Korey Bauer officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Martin Dziura officer: Chief Compliance Officer 309 WOODRIDGE LANE, MEDIA PA 19063
Rita Dam officer: Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Lyna Phan officer: Assistant Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Diane J Drake officer: Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Max Banhazl officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Amy Centurioni officer: Assistant Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
John Zader director 11601 WISHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Maureen A Quill director 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Brian A. Selmo other: Officer of inv co's inv adv 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Mark L. Lipson director 100 WILSHIRE BOULEVARD, SUITE 1200, SANTA MONICA CA 90401
Ryan A. Leggio other: Officer of inv co's inv adv 11601 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90025
Robert F Goldrich director LEON LEVY FOUNDATION, ONE ROCKEFELLER PLAZA, 20TH FLOOR, NEW YORK NY 10020
Thomas H Atteberry other: partner of inv co's inv adv 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker other: Officer of inv co's inv adv 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064

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