The Board of Directors of Source Capital, Inc. SOR, today approved a 25% increase in the regular quarterly distribution on the Company's common stock to 75 cents a common share, payable Mar. 15, 2011, to shareholders of record as of the close of business Feb. 25, 2011. The previous rate was 60 cents a common share.
Directors also declared a regular quarterly income dividend of 60 cents a preferred share, payable Mar. 15, 2011, to shareholders of record as of the close of business Feb. 25, 2011.
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