Source Capital (Source Capital) Dividend Payout Ratio : 0.44 (As of Dec. 2023)

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What is Source Capital Dividend Payout Ratio?

Source Capital's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

The historical rank and industry rank for Source Capital's Dividend Payout Ratio or its related term are showing as below:

SOR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.37 Max: 0.43
Current: 0.37

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.

SOR's Dividend Payout Ratio is ranked better than
79.7% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs SOR: 0.37

As of today (2024-04-26), the Dividend Yield % of Source Capital is 6.03%.

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

Source Capital's Dividends per Share for the 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.

Source Capital Dividend Payout Ratio Historical Data

The historical data trend for Source Capital's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Source Capital Dividend Payout Ratio Chart

Source Capital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.13

0.43

0.37

Source Capital Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								1.88	-	0.94	0.32	0.44

Competitive Comparison of Source Capital's Dividend Payout Ratio

For the Asset Management subindustry, Source Capital's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Source Capital's Dividend Payout Ratio falls into.

Source Capital Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.406	/	6.5
	=	0.37

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

Source Capital (NYSE:SOR) Dividend Payout Ratio Explanation

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.

Source Capital Dividend Payout Ratio Related Terms

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

Source Capital (Source Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Source Capital Inc (NYSE:SOR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

11601 Wilshire Boulevard, Suite 1200, Los Angeles, CA, USA, 90025

Website

https://www.fpa.com

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