Southern Michigan Bancorp (SOMC) Declares $0.16 Quarterly Dividend; 3% Yield

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Southern Michigan Bancorp, Inc. Declares Cash Dividend

June 24, 2025 4:17 PM EDT

COLDWATER, Mich., June 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly cash dividend of $0.16 per share on the outstanding shares of the corporations stock. The dividend is payable on July 18, 2025, to shareholders of record July 7, 2025. The annualized cash dividend of $0.64 per share represents a 3.08% dividend yield based on the current market price... More