Southern Michigan Bancorp (SOMC) Raises Quarterly Dividend 8.3% to $0.13; 2.5% Yield
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Southern Michigan Bancorp, Inc. Announces Increase in Quarterly Dividend
March 23, 2022 8:26 AM EDTCOLDWATER, Mich., March 23, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) approved an increase to the quarterly cash dividend that will be paid in April 2022. The $0.13 per share dividend is an increase of $0.01 per share over the January 2022 cash dividend payment of $0.12 per share. The dividend is payable on April 22, 2022 to shareholders of record April 8, 2022. The annualized cash... More
