1St Source's most recent dividend of $0.43 per share was on May 5, 2026 (ex-date). The annualized payout of $1.61 per share represents a current dividend yield of 2.07%. The latest SRCE distribution of $0.43 marks a dividend growth of 8%.
1St Source's dividend yield of 2.07% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.59%, 1St Source's dividend yield is 20% lower. The current dividend yield is less than the historical average of 2.5% of the last 5 years.
1St Source has a history of paying dividends since 1996. Our records of SRCE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 10% for the last year. But since the stock price has gone up by 31% from a year ago, the dividend yield has decreased by 16%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 5, 2026 | $0.43 | 2.19% |
| Feb 3, 2026 | $0.4 | 2.27% |
| Nov 4, 2025 | $0.4 | 2.53% |
| Aug 5, 2025 | $0.38 | 2.51% |
| May 5, 2025 | $0.38 | 2.4% |
| Feb 4, 2025 | $0.36 | 2.2% |
| Nov 5, 2024 | $0.36 | 2.32% |
| Aug 5, 2024 | $0.36 | 2.39% |
| May 3, 2024 | $0.34 | 2.6% |
| Feb 2, 2024 | $0.34 | 2.59% |
| Nov 3, 2023 | $0.34 | 2.76% |
| Jul 31, 2023 | $0.32 | 2.73% |
| May 1, 2023 | $0.32 | 3.11% |
| Feb 3, 2023 | $0.32 | 2.5% |
| Oct 31, 2022 | $0.32 | 2.17% |
| Aug 1, 2022 | $0.32 | 2.59% |
| May 2, 2022 | $0.31 | 2.89% |
| Feb 7, 2022 | $0.31 | 2.48% |
| Nov 1, 2021 | $0.31 | 2.44% |
| Aug 2, 2021 | $0.31 | 2.63% |
| May 3, 2021 | $0.3 | 2.4% |
| Feb 1, 2021 | $0.29 | 2.86% |
| Nov 2, 2020 | $0.28 | 3.35% |
| Aug 3, 2020 | $0.28 | 3.46% |
| May 4, 2020 | $0.28 | 3.42% |
| Feb 3, 2020 | $0.29 | 2.37% |
| Nov 4, 2019 | $0.29 | 2.12% |
| Aug 2, 2019 | $0.27 | 2.34% |
| May 3, 2019 | $0.27 | 2.14% |
| Feb 1, 2019 | $0.27 | 2.21% |
| Nov 2, 2018 | $0.25 | 2.04% |
| Aug 3, 2018 | $0.25 | 1.62% |
| May 4, 2018 | $0.24 | 1.63% |
| Feb 2, 2018 | $0.22 | 1.54% |
| Nov 3, 2017 | $0.2 | 1.49% |
| Aug 3, 2017 | $0.19 | 1.53% |
| Apr 28, 2017 | $0.19 | 1.51% |
| Feb 2, 2017 | $0.18 | 1.63% |
| Oct 28, 2016 | $0.18 | 2.09% |
| Jul 29, 2016 | $0.18 | 2.14% |
| Apr 29, 2016 | $0.18 | 2.04% |
| Jan 28, 2016 | $0.18 | 2.37% |
| Oct 30, 2015 | $0.18 | 2.11% |
| Jul 31, 2015 | $0.164 | 2.12% |
| May 1, 2015 | $0.164 | 2.33% |
| Jan 30, 2015 | $0.164 | 2.42% |
1St Source's payout ratio of 24.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 34%, 1St Source's payout ratio is 27% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FRME First Merchants Corp | 3.46% | $1.45 | 42.5% |
| LKFN Lakeland Financial Corp | 3.33% | $2.04 | 47.7% |
| HBNC Horizon Bancorp Inc | 3.25% | $0.64 | N/A |
| THFF First Financial Corp | 2.85% | $2.14 | 31.5% |
| GABC German American Bancorp Inc | 2.61% | $1.2 | 33% |
| ONB Old National Bancorp | 2.25% | $0.57 | 29.1% |
| SRCE 1St Source Corp | 2.04% | $1.61 | 24.7% |
Yes, 1St Source has been paying dividends for the last 30 years.
1St Source's last regular dividend was on May 5, 2026 (ex-date) with the amount of $0.43 per share.
SRCE's annualized dividend per share is $1.61.
The current dividend yield of 1St Source is 2.07%.
1St Source pays four dividends per year.
The dividend payout ratio of 1St Source is 24.7%.
1St Source's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.