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Southern Michigan Bancorp Inc (United States) Dividend Announcement

(OTCBB:SOMC), www.smb-t.com

DIVIDEND ANNOUNCEMENT: Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 12/19/2018 declared a dividend of $0.2200 per share

December 19, 2018

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 12/19/2018 declared a dividend of $ 0.2200 per share payable on January 18, 2019 to shareholders of record as of January 04, 2019.

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) has paid dividends since 1996, has a current dividend yield of 2.1002888680% and has increased its dividends for 6 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 100,306,206 and has a PE ratio of 16.83. The stock price closed yesterday at $ 41.90 and has a 52 week low/high of $ 35.25 and $ 49.00.

Southern Michigan Bancorp is a financial holding company. Through its wholly-owned subsidiary, Southern Michigan Bank & Trust (the Bank), Co. provides individuals, businesses, institutions and governmental agencies a range of commercial banking services primarily in the southern Michigan communities. The Bank makes commercial and consumer loans to customers. Co. provides a variety of deposit, payment, credit and other financial services, including time, savings, and demand deposits, safe deposit box services, and automated teller machine services. Co. also provides trust and investment services. As of Dec 31 2016, Co. had total assets of $641.5 million and total deposits of $535.8 million.

For more information on Southern Michigan Bancorp Inc (United States) click here.

Southern Michigan Bancorp Inc (United States) current dividend information as per the date of this press release is:
Dividend Declaration Date: December 19, 2018
Dividend Ex Date: January 03, 2019
Dividend Record Date: January 04, 2019
Dividend Payment Date: January 18, 2019
Dividend Amount: $ 0.2200
 
 

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