DIVIDEND ANNOUNCEMENT: Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 03/26/2024 declared a dividend of $0.1500 per share

Southern Michigan Bancorp Inc (United States) (OTCBB:SOMC) on 03/26/2024 declared a dividend of $ 0.1500 per share payable on April 19, 2024 to shareholders of record as of April 05, 2024. 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 3.1908833981% and has increased its dividends for 12 successive years.

Southern Michigan Bancorp Inc (United States)'s market cap is $ 84,029,400 and has a PE ratio of 6.62. The stock price closed yesterday at $ 17.55 and has a 52 week low/high of $ 15.15 and $ 20.50.

Southern Michigan Bancorp is a financial holding company. Through its subsidiary, Southern Michigan Bank & Trust (the Bank), Co. provides a range of banking services including commercial and consumer loans to its customers. Co. provides a range of deposit, payment, credit, and other financial services including 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. Co. also provides trust and investment services.

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