|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||46.39 - 47.33|
|52 Week Range||26.72 - 50.38|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||14.83|
|Earnings Date||Apr 21, 2021 - Apr 26, 2021|
|Forward Dividend & Yield||1.16 (2.47%)|
|Ex-Dividend Date||Feb 01, 2021|
|1y Target Est||49.33|
1st Source (SRCE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On January 21, 2021, 1st Source (NASDAQ:SRCE) declared a dividend payable on February 12, 2021 to its shareholders. 1st Source also announced that shareholders on the company's books on or before February 2, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. 1st Source, which has a current dividend per share of $0.29, has an ex-dividend date scheduled for February 1, 2021. That equates to a dividend yield of 2.72% at current price levels. The Significance Of An Ex-Dividend Date An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 1st Source's Dividend History Over the past year, 1st Source has seen its dividend payouts remain the same and its yields climb upward overall. Last year on February 3, 2020 the company's payout sat at $0.29, which has returned to its value today. 1st Source's dividend yield last year was 2.31%, which has since grown by 0.41%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more news on 1st Source click here. See more from BenzingaClick here for options trades from BenzingaRecap: 1st Source Q4 EarningsEarnings Scheduled For January 21, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The annual results for 1st Source Corporation ( NASDAQ:SRCE ) were released last week, making it a good time to revisit...