SmarterDividends
SRCE

1st Source Corporation

SRCE

Financial Services · Banks - Regional · Stock · quarterly payer

$88.23

Undervalued · +28% Add to Portfolio

Forward Yield

2.06%

Annual Dividend

$1.80

Payout Ratio

23%

5-Yr Growth

6.1%

Ex-Date

Nov 3, 2026

Frequency

Quarterly

Key facts about SRCE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, 1st Source Corporation (SRCE) has a forward dividend yield of 2.06%, based on an annual dividend of $1.80 per share and a share price of $88.23.
  • As of Oct 30, 2026, SRCE's dividend safety grade from SmarterDividends is A (99 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, 1st Source Corporation (SRCE) has raised its dividend for 9 consecutive years as of Oct 30, 2026.
  • SRCE has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SRCE's next ex-dividend date is Nov 3, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 30, 2026, SRCE pays out 23% of its trailing 12-month earnings as dividends (its payout ratio).
  • SRCE's dividend has grown at an average rate of 6.1% a year over the past five years.
  • As of Oct 30, 2026, SRCE's 2.06% yield is 20% below its five-year average yield of 2.59%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for SRCE is $112.86 per share, 28% above the $88.23 share price, so SRCE screens as undervalued.
  • 1st Source Corporation (SRCE) pays its dividend quarterly, 4 times a year.
  • 1st Source Corporation (SRCE) has raised its regular dividend 45 times and cut it 2 times across the 158 payments on record since 1987. Its most recent change was a 4.7% increase to $0.450 per share, going ex-dividend on Aug 4, 2026. The last cut went ex-dividend on May 4, 2020.
Cite this page

SmarterDividends, "SRCE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/SRCE

Summary

As of Oct 30, 2026, 1st Source Corporation (SRCE) yields 2.06% ($1.80 a year per share), has a dividend safety grade of A (99/100) and has 9 consecutive years of dividend increases on record.

Is SRCE a good dividend stock?

Yes

1st Source Corporation (SRCE) pays a quarterly dividend yielding 2.06% ($1.80/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (23%)
  • Strong 6.1% 5-yr dividend growth
  • 89% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.06%
Payout Ratio
23%
Annual Dividend
$1.80
5-Yr Avg Growth
6.1%
Ex-Dividend Date
Nov 3, 2026
Years of Growth
9
Frequency
quarterly
Beta
0.56
Market Cap
$2.1B
P/E Ratio
12.1
5-Yr Total Return
89%
52-Week Range
$58.50 – $91.46
Dividend Safety
A · 99/100
Ever Cut?
No

SRCE dividend raises and cuts

1st Source Corporation (SRCE) has raised its regular dividend 45 times and cut it 2 times across the 158 payments on record since 1987. Its most recent change was a 4.7% increase to $0.450 per share, going ex-dividend on Aug 4, 2026. The last cut went ex-dividend on May 4, 2020.

Ex-dateChangeOld → newMove
Aug 4, 2026Raise$0.430 → $0.450+4.7%
May 5, 2026Raise$0.400 → $0.430+7.5%
Nov 4, 2025Raise$0.380 → $0.400+5.3%
May 5, 2025Raise$0.360 → $0.380+5.6%
Aug 5, 2024Raise$0.340 → $0.360+5.9%
Nov 3, 2023Raise$0.320 → $0.340+6.3%
Aug 1, 2022Raise$0.310 → $0.320+3.2%
Aug 2, 2021Raise$0.300 → $0.310+3.3%
May 3, 2021Raise$0.290 → $0.300+3.4%
Feb 1, 2021Raise$0.280 → $0.290+3.6%
May 4, 2020Cut$0.290 → $0.280−3.4%
Nov 4, 2019Raise$0.270 → $0.290+7.4%
Show all 47 changes since 1989
Ex-dateChangeOld → newMove
Feb 1, 2019Raise$0.250 → $0.270+8.0%
Aug 3, 2018Raise$0.240 → $0.250+4.2%
May 4, 2018Raise$0.220 → $0.240+9.1%
Feb 2, 2018Raise$0.200 → $0.220+10.0%
Nov 3, 2017Raise$0.190 → $0.200+5.3%
Apr 28, 2017Raise$0.180 → $0.190+5.6%
May 1, 2014Raise$0.170 → $0.180+5.9%
Aug 2, 2012Raise$0.160 → $0.170+6.3%
Nov 3, 2010Raise$0.150 → $0.160+6.7%
Feb 4, 2010Cut$0.160 → $0.150−6.3%
Nov 4, 2009Raise$0.150 → $0.160+6.7%
Aug 6, 2009Raise$0.140 → $0.150+7.1%
Aug 4, 2006Raise$0.127 → $0.140+10.0%
Feb 2, 2006Raise$0.118 → $0.127+7.7%
Nov 3, 2005Raise$0.109 → $0.118+8.3%
Feb 3, 2005Raise$0.100 → $0.109+9.1%
Aug 5, 2004Raise$0.0909 → $0.100+10.0%
Nov 6, 2003Raise$0.0818 → $0.0909+11.1%
May 2, 2001Raise$0.0779 → $0.0818+5.0%
Aug 2, 2000Raise$0.0742 → $0.0779+5.0%
Feb 10, 2000Raise$0.0660 → $0.0742+12.5%
Feb 2, 1999Raise$0.0540 → $0.0660+22.2%
Nov 3, 1997Raise$0.0511 → $0.0545+6.7%
May 1, 1997Raise$0.0491 → $0.0511+4.2%
Nov 1, 1996Raise$0.0436 → $0.0491+12.5%
May 2, 1996Raise$0.0415 → $0.0436+5.0%
Nov 2, 1995Raise$0.0381 → $0.0415+9.1%
Aug 1, 1994Raise$0.0346 → $0.0381+10.0%
Jul 30, 1993Raise$0.0312 → $0.0346+11.1%
Apr 28, 1993Raise$0.0300 → $0.0312+3.8%
Nov 2, 1992Raise$0.0277 → $0.0300+8.3%
Apr 29, 1992Raise$0.0258 → $0.0277+7.1%
Jul 30, 1991Raise$0.0240 → $0.0258+7.7%
Oct 30, 1990Raise$0.0222 → $0.0240+8.3%
Oct 30, 1989Raise$0.0203 → $0.0222+9.1%
Every SRCE payment →Download every raise and cut (CSV)
SRCE ex-dividend date & scheduleNext ex-date Nov 3, 2026 · full ex-dividend historyView →SRCE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SRCE a good dividend stock?

Yes. 1st Source Corporation (SRCE) pays a quarterly dividend yielding 2.06% ($1.80/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is SRCE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SRCE's fair value is about $112.86 versus a $88.23 share price — so it looks undervalued (+28% vs. fair value).

Is SRCE's dividend safe?

SRCE has a dividend-safety grade of A (99/100), based on its payout coverage, free-cash-flow, 9-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SRCE's fair value?

Our blended fair-value estimate for SRCE is about $112.86 per share, roughly 28% above the current $88.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SRCE a buy, hold, or sell?

We don't issue formal ratings, but on the data SRCE screens as "yes" and undervalued. 1st Source Corporation (SRCE) pays a quarterly dividend yielding 2.06% ($1.80/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will SRCE cut its dividend?

SRCE earns a dividend-safety grade of A (99/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SRCE pay a dividend?

Yes. 1st Source Corporation pays a quarterly dividend of about $1.80 per share annually, a forward yield of roughly 2.06%.

What is SRCE's dividend yield?

As of Oct 30, 2026, SRCE's forward dividend yield is 2.06%, based on a $1.80 annual dividend and a $88.23 share price.

What is SRCE's dividend per share?

As of Oct 30, 2026, SRCE pays $1.80 per share per year, distributed on a quarterly basis.

What is SRCE's dividend payout ratio?

As of Oct 30, 2026, SRCE's payout ratio is 23% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SRCE grown its dividend?

As of Oct 30, 2026, SRCE has increased its dividend for 9 consecutive years.

When is the next SRCE ex-dividend date?

As of Oct 30, 2026, the next ex-dividend date on record for SRCE is Nov 3, 2026.

SRCE Dividend News

SRCE
IncreaseSRCE·Aug 27, 2026

1st Source Raises Quarterly Dividend 4.65% to $0.45

1st Source Corporation increased its quarterly dividend to $0.45 per share, extending its dividend-growth streak to nine consecutive years.

Income Calculator

At $1.80 / yr per share

Per payment (quarterly)$45.00
Annual$180.00
Monthly avg$15.00

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.95%Financial ServicesVVVisa Inc.0.67%Financial ServicesMAMAMastercard Incorporated0.57%Financial ServicesBACBACBank of America Corporation2.52%Financial Services

Compare SRCE

SRCE vs JPMSRCE vs VSRCE vs MASRCE vs BAC

Explore more

Lists and tools related to SRCE