1st Source Corp (SRCE) has declared a dividend of $0.40 per share, payable to shareholders of record. This marks a 5.3% increase from the previous dividend of $0.38 per share.
Dividend Details:
- Ex-Dividend Date: November 3, 2025
- Payment Date: November 13, 2025
- Dividend Yield: 2.63%
- Payment Frequency: Quarterly
The ex-dividend date on November 3, 2025, requires investors to own shares before this date to qualify for the dividend. Shares acquired on or after this date will not be eligible for the upcoming payment. Eligible shareholders will receive the dividend on November 13, 2025.
The company, headquartered in South Bend, Indiana, operates primarily in the banking industry, providing a range of financial products and services through its subsidiaries. With a market capitalization of $1.5 billion, 1st Source Corp reported a P/E ratio of 9.94 and an EPS of 6.06. The current dividend yield of 2.63% reflects the annual dividend income relative to the stock price.
Such decisions reflect management's confidence in the company's financial position and its commitment to returning capital to shareholders. Investors are encouraged to review the company's dividend history and overall financial health when assessing the sustainability of dividend payments.
Upcoming earnings are scheduled for July 21, 2026, with an EPS estimate of $1.59 and revenue expectations of $112.8 million.