Southern Michigan Bancorp (SOMC) Declares $0.13 Quarterly Dividend; 2.7% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
December 21, 2022 8:27 AM ESTCOLDWATER, Mich., Dec. 21, 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 January 20, 2023 to shareholders of record January 6, 2023. The annualized cash dividend of $0.52 per share represents a 2.67% dividend yield based on the current market price of... More
