1st Source Corp (SRCE) Raises Quarterly Dividend 9.1% to $0.24; 1.9% Yield

1st Source Corp (NASDAQ: SRCE) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 9.1% increase from the prior dividend of $0.22.

The dividend will be payable on May 15, 2018, to stockholders of record on May 7, 2018, with an ex-dividend date of May 4, 2018.

The annual yield on the dividend is 1.9 percent.

“We have started out 2018 with strong loan growth. As we move deeper into the year, we will continue our focus on organic, core deposit growth to support further loan growth,” added Murphy.

“As always, our mission each day is to help our clients achieve security, build wealth and realize their dreams. We are looking forward to carrying out this mission for the rest of 2018,” Murphy concluded.

For a dividend history and other dividend-related data on 1st Source Corp (SRCE) click here.

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