Southern Michigan Bancorp (SOMC) Declares $0.23 Quarterly Dividend; 2.9% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
December 16, 2020 8:01 AM ESTCOLDWATER, Mich., Dec. 16, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.23 per share on the outstanding shares of the corporations stock. The dividend is payable on January 22, 2021 to shareholders of record January 8, 2021. The annualized cash dividend of $0.92 per share represents a 2.87% dividend yield based on the current market price... More
