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 | |
|---|---|---|---|---|---|
| 71 | Oct 26, 2006 | Nov 02, 2006 | Nov 15, 2006 | $0.140 | 0.479% |
| 72 | Jul 27, 2006 | Aug 04, 2006 | Aug 15, 2006 | $0.140 | 0.499% |
| 73 | Apr 27, 2006 | May 04, 2006 | May 15, 2006 | $0.127 | 0.544% |
| 74 | Jan 26, 2006 | Feb 02, 2006 | Feb 15, 2006 | $0.127 | 0.575% |
| 75 | Oct 28, 2005 | Nov 03, 2005 | Nov 15, 2005 | $0.118 | 0.601% |
| 76 | Jul 28, 2005 | Aug 04, 2005 | Aug 15, 2005 | $0.109 | 0.551% |
| 77 | Apr 28, 2005 | May 05, 2005 | May 16, 2005 | $0.109 | 0.584% |
| 78 | Jan 27, 2005 | Feb 03, 2005 | Feb 14, 2005 | $0.109 | 0.606% |
| 79 | Oct 28, 2004 | Nov 04, 2004 | Nov 15, 2004 | $0.100 | 0.441% |
| 80 | Aug 02, 2004 | Aug 05, 2004 | Aug 16, 2004 | $0.100 | 0.495% |
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% |
