Southern Michigan Bancorp (SOMC) Declares $0.13 Quarterly Dividend; 2.3% Yield

Go back to Southern Michigan Bancorp (SOMC) Declares $0.13 Quarterly Dividend; 2.3% Yield

Southern Michigan Bancorp, Inc. Declares Cash Dividend

June 29, 2022 8:22 AM EDT

COLDWATER, Mich., June 29, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.13 per share on the outstanding shares of the corporations stock. The dividend is payable on July 29, 2022 to shareholders of record July 15, 2022. The annualized cash dividend of $0.52 per share represents a 2.31% dividend yield based on the current market price... More