Southern Michigan Bancorp, Inc. Announces Increase in Quarterly Dividend
STHN MICH BANCORP INC (SOMC)
NASDAQ:AMEX Investor Relations:
smb-t.com
Company Research
Source: GlobeNewswire
COLDWATER, Mich., March 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) approved an increase to the quarterly cash dividend that will be paid in April 2024. The $0.15 per share dividend is an increase of $0.01 per share over the January 2024 cash dividend payment of $0.14 per share. The dividend is payable on April 19, 2024 to shareholders of record April 5, 2024. The annualized cash dividend of $0.60 per share represents a 3.42% dividend yield based on the current market price of $17.55 per share. Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 15 branches within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph Counties, and a loan production office in Jackson County, providing a broad range of consumer, business, and wealth management services throughout the region. For more information, please visit the Southern Michigan Bank & Tru
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News
- Southern Michigan Bancorp, Inc. Announces First Quarter 2024 EarningsGlobeNewswire
- Southern Michigan Bancorp, Inc. Announces Increase in Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Southern Michigan Bancorp, Inc. Announces Fourth Quarter and Full Year 2023 Earnings [Yahoo! Finance]Yahoo! Finance
- Southern Michigan Bancorp, Inc. Announces Fourth Quarter and Full Year 2023 EarningsGlobeNewswire