Published on 26 Oct 2023 on Simply Wall St. via Yahoo Finance
1st Source Corporation (NASDAQ:SRCE) has announced that it will be increasing its periodic dividend on the 15th of November to $0.34, which will be 6.3% higher than last year's comparable payment amount of $0.32. Even though the dividend went up, the yield is still quite low at only 2.9%.
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1st Source's Earnings Will Easily Cover The Distributions