Southern Michigan Bancorp (SOMC) Declares $0.14 Quarterly Dividend; 3.2% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
September 27, 2023 8:26 AM EDTCOLDWATER, Mich., Sept. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.14 per share on the outstanding shares of the corporations stock. The dividend is payable on October 20, 2023, to shareholders of record October 11, 2023. The annualized cash dividend of $0.56 per share represents a 3.25% dividend yield based on the current market price of... More
