DIVIDEND ANNOUNCEMENT: Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 09/22/2020 declared a dividend of $0.2300 per share

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 09/22/2020 declared a dividend of $ 0.2300 per share payable on October 23, 2020 to shareholders of record as of October 09, 2020.

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) has paid dividends since 1996, has a current dividend yield of 3.0173828602% and has increased its dividends for 8 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 72,993,060 and has a PE ratio of 8.15. The stock price closed yesterday at $ 30.49 and has a 52 week low/high of $ 25.00 and $ 39.80.

Southern Michigan Bancorp is a financial holding company. Through its subsidiary, Southern Michigan Bank & Trust (the Bank), Co. provides a range of commercial banking services. The Bank makes commercial and consumer loans to customers. Co. provides a variety of deposit, payment, credit, and other financial services to customers. These services include time, savings, and demand deposits; safe deposit box services; and automated teller machine services. Commercial lending covers such categories as business, industrial, agricultural, construction, inventory, and real estate. Consumer lending covers direct and indirect loans to purchasers of residential real property and consumer goods.

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