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DIVIDEND ANNOUNCEMENT: Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 06/23/2021 declared a dividend of $0.1200 per share

June 23, 2021

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 06/23/2021 declared a dividend of $ 0.1200 per share payable on July 23, 2021 to shareholders of record as of July 09, 2021.

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) has paid dividends since 1996, has a current dividend yield of 2.4935064316% and has increased its dividends for 9 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 92,169,000 and has a PE ratio of 12.30. The stock price closed yesterday at $ 19.25 and has a 52 week low/high of $ 13.80 and $ 21.50.

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.

Southern Michigan Bancorp Inc (United States) current dividend information as per the date of this press release is:
Dividend Declaration Date: June 23, 2021
Dividend Ex Date: July 08, 2021
Dividend Record Date: July 09, 2021
Dividend Payment Date: July 23, 2021
Dividend Amount: $ 0.1200
 
 

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