1st Source Corporation Stock Dividends
SRCE pays dividends quarterly. Last paid amount was $0.340 at Feb 15, 2024. As of today, dividend yield (TTM) is 2.68%.
Dividend Yield Range
AI Analysis of SRCE
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.68% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 6.25% |
| Payout Ratio | 0 |
| Amount Per Share | $0.340 |
| Next Ex-Dividend Date | May 03, 2024 |
| Next Payment Date | May 15, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SRCE the purchase should be done within the next 4 days.
Here's a simple guide on how to buy SRCE stock.
SRCE Dividend Payout History
To ensure a understanding of SRCE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | May 03, 2024 | May 15, 2024 | $0.340 | 0.689% |
| 2 | Jan 18, 2024 | Feb 02, 2024 | Feb 15, 2024 | $0.340 | 0.655% |
| 3 | Oct 19, 2023 | Nov 03, 2023 | Nov 15, 2023 | $0.340 | 0.679% |
| 4 | Jul 20, 2023 | Jul 31, 2023 | Aug 11, 2023 | $0.320 | 0.671% |
| 5 | Apr 19, 2023 | May 01, 2023 | Aug 11, 2023 | $0.320 | 0.671% |
| 6 | Jan 19, 2023 | Feb 03, 2023 | Feb 16, 2023 | $0.320 | 0.645% |
| 7 | Oct 20, 2022 | Oct 31, 2022 | Nov 10, 2022 | $0.320 | 0.541% |
| 8 | Jul 21, 2022 | Aug 01, 2022 | Aug 12, 2022 | $0.320 | 0.645% |
| 9 | Apr 21, 2022 | May 02, 2022 | May 13, 2022 | $0.310 | 0.713% |
| 10 | Jan 20, 2022 | Feb 07, 2022 | Feb 16, 2022 | $0.310 | 0.622% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
SRCE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SRCE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SRCE stock here.
Comparing SRCE to Sector and Country
SRCE pays a solid dividend yield of 2.68%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). SRCE’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.06%), which means that there are more attractive dividend stocks to consider.
SRCE Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Oaktree Specialty Lending Corp | 1.566B | $0.550 | 11.30% | 148.45% | |
| Calamos Convertible and High Income Fund | 861.94M | $0.100 | 10.56% | -116.94% | |
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | 1.108B | $0.420 | 7.09% | - | |
| AMERISAFE | 876.766M | $0.370 | 5.05% | 150.23% | |
| Safety Insurance Group | 1.166B | $0.90 | 4.80% | 282.34% | |
| StepStone Group Inc. | 2.392B | $0.210 | 3.83% | 80.39% | |
| City Holding Company | 1.543B | $0.720 | 2.84% | 34.97% | |
| 1st Source Corporation | 1.248B | $0.340 | 2.68% | 20.23% | |
| Stock Yards Bancorp | 1.355B | $0.300 | 2.61% | 32.09% | |
| Merchants Bancorp | 1.705B | $0.0900 | 1.01% | 17.37% |
