1st Source (SRCE) Dividends & Splits

1st Source Corp (SRCE) is a company that offers banking services and operates as a bank holding company. The company provides a range of financial services, including commercial and consumer banking, trust and wealth management, and insurance. One aspect of the company's operations that may be of interest to investors is its dividend policy and history of stock splits. Dividends are cash payments made by companies to their shareholders, typically as a share of the company's profits. Stock splits, on the other hand, involve dividing existing shares into multiple shares, which can potentially make the stock more affordable for investors.

One important metric to consider when evaluating a company's dividend policy is the dividend yield. This is a measure of the annual dividend payment relative to the stock price. The dividend yield can provide insight into the income potential of an investment in a particular stock. For 1st Source Corp (SRCE), the dividend yield is the dividend amount per share divided by the stock price. Investors can use this metric to compare the dividend yield of 1st Source Corp (SRCE) to that of other companies in the same industry.