Southern Michigan Bancorp (SOMC) Declares $0.15 Quarterly Dividend; 3.1% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
December 18, 2024 7:38 AM ESTCOLDWATER, Mich., Dec. 18, 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 January 24, 2025, to shareholders of record January 10, 2025. The annualized cash dividend of $0.60 per share represents a 3.08% dividend yield based on the current market price... More
