Source Capital (SOR) Maintains Monthly Distribution Rate of $0.2083 for March-May 2026

Written by Emily J. Thompson, Senior Investment Analyst

Source: Businesswire

Updated: Jan 20 2026

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Source: Businesswire

Distribution Maintenance: The Board of Trustees of Source Capital (NYSE: SOR) has approved maintaining a monthly distribution rate of $0.2083 per share for March, April, and May 2026, reflecting the company's commitment to providing stable income for long-term investors.
Record and Payment Dates: The record date for the March distribution is set for March 13, 2026, with payment on March 31, followed by April's and May's record and payment dates of April 15, April 30, and May 14, May 29 respectively, ensuring timely returns for investors.
Investment Objective: Source Capital aims to maximize total returns for shareholders through capital appreciation and investment income, indicating a strategic focus on long-term investment returns suitable for investors with a horizon of five years or more.
Risk Advisory: While maintaining the distribution rate, investors should be aware that various factors, including market fluctuations and fund performance, may impact future distribution rates, underscoring the inherent risks and uncertainties in investment decisions.

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About SOR

Source Capital, Inc. (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to seek maximum total return for common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. The Fund's investments include semiconductor devices; industrial distribution and rental; cement and aggregates; Internet media; cable and satellite; application software; electrical components; chemicals; insurance brokers; diversified banks; base metals; banks; investment companies; food services; integrated utilities; railroad rolling stock, apparel, footwear and accessory design; e-commerce discretionary, hotels; restaurants and leisure; commercial and residential building equipment and systems; automotive retailers; real estate owners and developers; entertainment content; energy; health care services and others. The Fund's investment adviser is First Pacific Advisors, LP.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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Source Capital Maintains 2026 Distribution Rates

Apr 21 2026Newsfilter

Distribution Maintenance: The Board of Trustees of Source Capital (NYSE:SOR) has approved maintaining the monthly distribution rate at $0.2083 per common share for June, July, and August 2026, ensuring a stable cash flow for investors in the upcoming months.
Investment Objective: The Fund aims to achieve maximum total return through capital appreciation and investment income, targeting long-term investors, particularly those willing to hold investments for five years or more, reflecting its focus on stable income generation.
Risk Considerations: Distributions may include ordinary income, net capital gains, and/or returns of capital, necessitating careful consideration of the Fund's investment objectives, risks, and expenses by investors to avoid confusing distributions with yield.
Market Volatility Impact: The Fund's distribution rate may be influenced by various factors including market returns and Fund performance, prompting investors to monitor market changes that could affect future distributions to make informed investment decisions.

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Dividend Distribution Details: Source Capital announced a 2025 dividend of $0.208300 per share, covering ordinary income and long-term capital gains, which is expected to directly impact shareholders' tax filings and enhance investment returns.
Taxable Distribution Explanation: The deemed distribution of $2.50739554 per share will take effect for shareholders of record as of December 31, 2025, providing shareholders with a corresponding tax credit that enhances their tax basis and promotes future investment opportunities.
Tax Treatment Transparency: The fund will send a 1099 form to all shareholders detailing taxable amounts, ensuring accurate tax reporting and reducing tax risks while enhancing compliance.
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