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 2.65%.
Dividend Yield Range
AI Analysis of SRCE
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.65% |
|---|---|
| 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 |
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 | |
|---|---|---|---|---|---|
| 51 | Oct 20, 2011 | Nov 02, 2011 | Nov 14, 2011 | $0.160 | 0.747% |
| 52 | Jul 21, 2011 | Aug 03, 2011 | Aug 15, 2011 | $0.160 | 0.83% |
| 53 | Apr 21, 2011 | May 04, 2011 | May 16, 2011 | $0.160 | 0.90% |
| 54 | Jan 20, 2011 | Feb 02, 2011 | Feb 15, 2011 | $0.160 | 0.93% |
| 55 | Oct 21, 2010 | Nov 03, 2010 | Nov 15, 2010 | $0.160 | 0.93% |
| 56 | Jul 22, 2010 | Aug 04, 2010 | Aug 16, 2010 | $0.150 | 0.98% |
| 57 | Apr 22, 2010 | May 03, 2010 | May 17, 2010 | $0.150 | 0.85% |
| 58 | Jan 21, 2010 | Feb 04, 2010 | Feb 16, 2010 | $0.150 | 1.08% |
| 59 | Oct 22, 2009 | Nov 04, 2009 | Nov 16, 2009 | $0.160 | 1.22% |
| 60 | Jul 30, 2009 | Aug 06, 2009 | Aug 17, 2009 | $0.150 | 1.01% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
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 2.65%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). 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 (10.94%), 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 | 1.563B | $0.550 | 11.30% | 167.81% | |
| Calamos Convertible and High Income Fund | 847.498M | $0.100 | 10.56% | -116.94% | |
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | 1.156B | $0.420 | 7.09% | - | |
| AMERISAFE | 907.573M | $0.370 | 5.05% | 152.17% | |
| Safety Insurance Group | 1.248B | $0.90 | 4.80% | 282.34% | |
| StepStone Group Inc. | 2.491B | $0.210 | 3.83% | 80.39% | |
| City Holding Company | 1.573B | $0.720 | 2.86% | 25.48% | |
| 1st Source Corporation | 1.283B | $0.340 | 2.65% | 27.20% | |
| Stock Yards Bancorp | 1.418B | $0.300 | 2.61% | 33.35% | |
| Merchants Bancorp | 2.054B | $0.0900 | 1.01% | 11.69% |
