1st Source Corp (SRCE) Raises Quarterly Dividend 6.9% to $0.31; 2.5% Yield

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Go back to 1st Source Corp (SRCE) Raises Quarterly Dividend 6.9% to $0.31; 2.5% Yield

1st Source Corporation Reports Record Annual Earnings, Cash Dividend Declared, History of Increased Dividends Continues

January 20, 2022 4:02 PM EST

FULL YEAR AND QUARTERLY HIGHLIGHTS

Net income was a record $118.53 million for the year of 2021, up 45.55% from 2020 and was $27.72 million for the fourth quarter of 2021, down 14.65% from the previous quarter and up 4.76% from the fourth quarter of 2020. Cash dividend of $0.31 per common share approved, up 6.90% from the $0.29 per common share declared a year ago. Diluted net income per common share was a record $4.70 for the year of 2021, up 48.26% from 2020 and was $1.11 for the fourth quarter of 2021, down 13.95% from the previous... More