1st Source hikes dividend by 7.4%
1st Source (SRCE) will raise its quarterly dividend by another 7.4 percent to $0.29 per share in Q4 of 2019. This is the second dividend hike this year by SRCE.
The cash dividend is payable to shareholders of record on November 5, 2019 and will be paid on November 15, 2019. A new annual rate of $1.16 per share yields 2.5% at a stock price of $46.41.
1st Source Corporation is a bank holding company. The company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank also competes for business nationally by offering specialized financing services for new and used private and cargo aircraft, automobiles for leasing and rental agencies, medium and heavy duty trucks, and construction equipment.
The cash dividend is payable to shareholders of record on November 5, 2019 and will be paid on November 15, 2019. A new annual rate of $1.16 per share yields 2.5% at a stock price of $46.41.
1st Source Corporation is a bank holding company. The company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank also competes for business nationally by offering specialized financing services for new and used private and cargo aircraft, automobiles for leasing and rental agencies, medium and heavy duty trucks, and construction equipment.
