Ex-Div Reminder For 1st Source (SRCE)

Looking at the universe of stocks we cover at Dividend Channel, on 5/3/13, 1st Source Corp. ( SRCE) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 5/15/13. As a percentage of SRCE's recent stock price of $23.51, this dividend works out to approximately 0.72%, so look for shares of 1st Source Corp. to trade 0.72% lower — all else being equal — when SRCE shares open for trading on 5/3/13.

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Below is a dividend history chart for SRCE, showing historical dividends prior to the most recent $0.17 declared by 1st Source Corp.:

SRCE+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SRCE is likely to continue, and whether the current estimated yield of 2.89% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SRCE shares, versus its 200 day moving average:

1st Source Corp. 200 Day Moving Average Chart

Looking at the chart above, SRCE's low point in its 52 week range is $19.70 per share, with $24.79 as the 52 week high point — that compares with a last trade of $23.51.

In Wednesday trading, 1st Source Corp. shares are currently off about 0.1% on the day.
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