1st Source Corporation

NasdaqGS:SRCE Stock Report

Market Cap: US$1.6b

1st Source Dividends and Buybacks

Dividend criteria checks 5/6

1st Source is a dividend paying company with a current yield of 2.18% that is well covered by earnings.

Key information

2.2%

Dividend yield

-0.01%

Buyback Yield

Total Shareholder Yield2.2%
Future Dividend Yield2.1%
Dividend Growth2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.440
Payout ratio27%

Recent dividend and buyback updates

1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

Oct 24
1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

Jul 25
1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

Recent updates

1st Source: Loan Growth To Boost Earnings, But Stock Appears Fairly Valued

Nov 19

1st Source: Positive Earnings Outlook Appears Priced In

Sep 04

Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?

Dec 05
Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?

1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

Oct 24
1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

Jul 25
1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case

Apr 27
With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case

1st Source GAAP EPS of $1.32 beats by $0.16, revenue of $91.12M beats by $2.8M

Oct 20

If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity

Oct 14
If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity

1st Source Corp.: Moderate Topline Growth To Partially Counter Provision Normalization

Aug 24

1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 26
1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

1st Source Corp.: Earnings To Dip Despite Favorable Economic Factors

Jun 09

Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today

Jun 07
Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today

1st Source: Balanced Bank With Attractive Fee Income Mix

Feb 06

1st Source Corporation: Provision Normalization To Undermine Top Line Growth

Jan 17

If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late

Nov 29
If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late

1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 25
1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

1st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability

Oct 25

1st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance

Jul 31

1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31

Jul 26
1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31

1st Source: Portfolio's Credit Risk In The Limelight

May 09

Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?

Mar 03
Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?

1st Source goes ex-dividend on Monday

Jan 29

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SRCE's dividends per share have been stable in the past 10 years.

Growing Dividend: SRCE's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

1st Source Dividend Yield vs Market
How does SRCE dividend yield compare to the market?
SegmentDividend Yield
Company (SRCE)2.2%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.2%
Industry Average (Banks)2.5%
Analyst forecast (SRCE) (up to 3 years)2.1%

Notable Dividend: SRCE's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: SRCE's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (4.21%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.7%), SRCE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SRCE's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).


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