Southern Michigan Bancorp (SOMC) Raises Quarterly Dividend 8.3% to $0.13; 2.5% Yield

Southern Michigan Bancorp (OTC: SOMC) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is an 8.3% increase from the prior dividend of $0.12.

The dividend will be payable on April 22, 2022, to stockholders of record on April 8, 2022, with an ex-dividend date of April 7, 2022.

The annual yield on the dividend is 2.5 percent.

For a dividend history and other dividend-related data on Southern Michigan Bancorp (SOMC) click here.

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