Sturgis Bancorp, Inc. (STBI) Declares $0.12 Quarterly Dividend; 3.6% Yield

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

October 25, 2016 11:25 AM EDT

STURGIS, MI -- (Marketwired) -- 10/25/16 -- Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.12 per common share, payable December 15, 2016 to stockholders of record November 15, 2016. This declaration continues the quarterly stock dividend, unchanged from the prior quarter.

Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company, and its subsidiaries Oakleaf Financial Services, Inc. and Oak Mortgage, LLC. Sturgis Bancorp... More