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Source Capital (Source Capital) 5-Year Dividend Growth Rate : 23.70% (As of Dec. 2023)


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What is Source Capital 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Source Capital's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.44. As of today, Source Capital's Dividend Yield % is 5.94%.

Good Sign:

Source Capital Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison of Source Capital's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Source Capital's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Source Capital's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Source Capital's 5-Year Dividend Growth Rate falls into.



Source Capital 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Source Capital  (NYSE:SOR) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Source Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.25/ 2.86
=0.44

During the past 7 years, the highest Dividend Payout Ratio of Source Capital was 0.43. The lowest was 0.13. And the median was 0.37.

2. 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 0.2080002024-04-172024-04-182024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-12-152023-12-182023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-10-162023-10-172023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-09-152023-09-182023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-08-152023-08-162023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-07-172023-07-182023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2080002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1850002023-05-152023-05-162023-05-31Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.473/41.71
=5.93 %

Current Share Price is $41.71.
Source Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.473.

During the past 7 years, the highest Dividend Yield of Source Capital was 6.25%. The lowest was 2.33%. And the median was 3.19%.

Good Sign:

Source Capital Inc stock dividend yield is close to 10-year high.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Source Capital's 5-Year Dividend Growth Rate 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

Source Capital (Source Capital) Headlines