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Showing posts with the label 1st Source

1st Source hikes dividend by 7.5%

1st Source hikes dividend by 7.5% to 43 cents quarterly per share in 2026. This marks 38 consecutive years of increases by SRCE. The yield is 2.3% at $74.38.

1st Source hikes dividend by 5.3%

1st Source Corp hikes dividend by 5.3% to 40 cents quarterly in Q4 of 2025. This is the second dividend hike in 2025 by SCRE.

1st Source hikes dividend by 5.6%

1st Source hikes dividend by 3.2%

1st Source hikes dividend by 3.3%

1st Source (SRCE) will hike its quarterly dividend by another 3.3 percent to $0.31 per share in Q3 of 2021. This comes after a dividend hike of 3.4 percent to 30 cents per share in Q2 of 2021. This marks the third hike announced this year for a total increase of 9.7 percent. The next cash dividend is payable to shareholders of record on August 3, 2021 and will be paid on August 13, 2021. A new annual rate of $1.24 per share yields 2.9% at a stock price of $42.48. 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.

1st Source hikes dividend by 3.4%

1st Source (SRCE) will hike its quarterly dividend by another 3.4 percent to 30 cents per share in 2021. This follows a dividend hike of 3.6 percent to 29 cents per share in Q1 of 2021. Last year the dividend was cut by 3.4 percent from 29 cents to 28 cents per share. The company previously raised its quarterly dividend by 7.4 percent to $0.29 per share in Q4 of 2019. The cash dividend is payable to shareholders of record on May 4, 2021 and will be paid on May 14, 2021. A new annual rate of $1.1620 per share yields 2.5% at a stock price of $47.29. 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.

1st Source hikes dividend by 3.6%

1st Source (SRCE) will hike its quarterly dividend by 3.6 percent to 29 cents per share in 2021. Last year the dividend was cut by 3.4 percent from 29 cents to 28 cents per share. The company previously raised its quarterly dividend by 7.4 percent to $0.29 per share in Q4 of 2019. The next dividend is payable to shareholders of record on February 2, 2021 and will be paid on February 12, 2021. A new annual rate of $1.16 per share yields 2.8% at a stock price of $41.40. Christopher J. Murphy III, Chairman, President and Chief Executive Officer, commented, “Given the unique challenges presented by the COVID-19 pandemic during 2020, I am proud of my colleagues for keeping themselves and our clients safe while delivering great client service. We helped our communities and clients by providing over 3,500 Paycheck Protection Program (PPP) loans for over $597 million, keeping businesses going and people employed. At the end of the year, $236 million of these loans had been forgiven. Over half ...

1st Source cuts dividend by 3.4%

1st Source (SRCE) will cut its quarterly dividend by 3.4 percent from 29 cents to 28 cents per share. The company last raised its quarterly dividend by 7.4 percent to $0.29 per share in Q4 of 2019. The next dividend is payable to shareholders of record on May 5, 2020 and will be paid on May 15, 2020.. A new annual rate of $1.12 per share yields 3.5% at a stock price of $31.85. 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.

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.

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