DIVIDEND ANNOUNCEMENT: Sturgis Bancorp Inc (OTCBB:STBI) on 10/16/2019 declared a dividend of $0.1500 per share

Sturgis Bancorp Inc (OTCBB:STBI) on 10/16/2019 declared a dividend of $ 0.1500 per share payable on December 13, 2019 to shareholders of record as of November 15, 2019.

Sturgis Bancorp Inc (OTCBB:STBI) has paid dividends since 1995, has a current dividend yield of 3.0000000000% and has increased its dividends for 4 successive years.

Sturgis Bancorp Inc's market cap is $ 54,460,000 and has a PE ratio of 9.01. The stock price closed yesterday at $ 20.00 and has a 52 week low/high of $ 19.80 and $ 32.20.

Sturgis Bancorp, through its subsidiary, Sturgis Bank & Trust Company (the Bank), operates predominantly in the southwestern portion of Michigan's Lower Peninsula. Co.'s primary services include accepting deposits, making commercial and mortgage loans, engaging in mortgage banking activities, and providing investment brokerage advisory services. Co.'s loan portfolio is concentrated in residential and commercial mortgage loans.

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