Southern Michigan Bancorp (SOMC) Declares $0.12 Quarterly Dividend; 2.5% Yield

Go back to Southern Michigan Bancorp (SOMC) Declares $0.12 Quarterly Dividend; 2.5% Yield

Southern Michigan Bancorp, Inc. Declares Cash Dividend

June 23, 2021 8:26 AM EDT

COLDWATER, Mich., June 23, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.12 per share on the outstanding shares of the corporations stock. The dividend is payable on July 23, 2021 to shareholders of record July 9, 2021. The annualized cash dividend of $0.48 per share represents a 2.57% dividend yield based on the current market price... More