Southern Michigan Bancorp (SOMC) Declares $0.15 Quarterly Dividend; 3.5% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
September 25, 2024 7:29 AM EDTCOLDWATER, Mich., Sept. 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.15 per share on the outstanding shares of the corporations stock. The dividend is payable on October 18, 2024, to shareholders of record October 9, 2024. The annualized cash dividend of $0.60 per share represents a 3.47% dividend yield based on the current market price... More
