Southern Michigan Bancorp (SOMC) Declares $0.16 Quarterly Dividend; 2.6% Yield
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Southern Michigan Bancorp, Inc. Declares Cash Dividend
September 24, 2025 7:37 AM EDTCOLDWATER, Mich., Sept. 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 October 17, 2025, to shareholders of record October 6, 2025. The annualized cash dividend of $0.64 per share represents a 2.56% dividend yield based on the current market price... More
