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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 05/09/2019 declared a dividend of $0.2300 per share

May 09, 2019

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 05/09/2019 declared a dividend of $ 0.2300 per share payable on July 26, 2019 to shareholders of record as of July 12, 2019. Dividend amount recorded is an increase of $ 0.01 from last dividend Paid.

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) has paid dividends since 1996, has a current dividend yield of 2.4338624477% and has increased its dividends for 7 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 90,493,200 and has a PE ratio of 0.00. The stock price closed yesterday at $ 37.80 and has a 52 week low/high of $ 36.22 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: May 09, 2019
Dividend Ex Date: July 11, 2019
Dividend Record Date: July 12, 2019
Dividend Payment Date: July 26, 2019
Dividend Amount: $ 0.2300
 
 

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