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Stock impact report

Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

STURGIS BANCORP INC (STBI) 
Company Research Source: GlobeNewswire
STURGIS, Mich., April 29, 2020 (GLOBE NEWSWIRE) -- Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.16 per common share, payable June 15, 2020 to stockholders of record May 15, 2020. This declaration continues the quarterly dividend at the highest level in the Company’s history, in recognition of strong earnings.  Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company (Bank), and its subsidiaries Oakleaf Financial Services, Inc., Oak Mortgage, LLC, Oak Insurance Services, LLC, and Oak Title Services, LLC. The Bank provides a full array of trust, commercial and consumer banking services from banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, South Haven, Three Rivers and White Pigeon, MI. The Bank also has loan production offices in Portage and St. Joseph, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oak Mortgage of Show less Read more
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