DIVIDEND ANNOUNCEMENT: Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 12/21/2022 declared a dividend of $0.1300 per share

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 12/21/2022 declared a dividend of $ 0.1300 per share payable on January 20, 2023 to shareholders of record as of January 06, 2023.

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) has paid dividends since 1996, has a current dividend yield of 2.6666665077% and has increased its dividends for 10 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 93,366,000 and has a PE ratio of 7.13. The stock price closed yesterday at $ 19.50 and has a 52 week low/high of $ 19.50 and $ 24.00.

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.

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