Southern Michigan Bancorp, Inc. Declares Cash Dividend
Southern Michigan Bancorp (OTC Pink: SOMC) has declared a quarterly cash dividend of $0.16 per share, payable on July 18, 2025, to shareholders of record July 7, 2025. The annualized dividend of $0.64 per share represents a 3.08% yield based on the current market price of $20.75 per share.
Southern Michigan Bancorp operates as a bank holding company through Southern Michigan Bank & Trust, with 18 offices across Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph Counties, providing consumer, business, and wealth management services.
Southern Michigan Bancorp (OTC Pink: SOMC) ha dichiarato un dividendo trimestrale in contanti di 0,16 $ per azione, pagabile il 18 luglio 2025 agli azionisti registrati al 7 luglio 2025. Il dividendo annualizzato di 0,64 $ per azione corrisponde a un rendimento del 3,08% basato sul prezzo di mercato attuale di 20,75 $ per azione.
Southern Michigan Bancorp opera come società di holding bancaria tramite Southern Michigan Bank & Trust, con 18 filiali distribuite nelle contee di Branch, Calhoun, Hillsdale, Jackson, Kalamazoo e St. Joseph, offrendo servizi per consumatori, imprese e gestione patrimoniale.
Southern Michigan Bancorp (OTC Pink: SOMC) ha declarado un dividendo trimestral en efectivo de $0.16 por acción, pagadero el 18 de julio de 2025 a los accionistas registrados al 7 de julio de 2025. El dividendo anualizado de $0.64 por acción representa un rendimiento del 3.08% basado en el precio actual de mercado de $20.75 por acción.
Southern Michigan Bancorp opera como una compañía holding bancaria a través de Southern Michigan Bank & Trust, con 18 oficinas en los condados de Branch, Calhoun, Hillsdale, Jackson, Kalamazoo y St. Joseph, ofreciendo servicios para consumidores, negocios y gestión patrimonial.
Southern Michigan Bancorp (OTC Pink: SOMC)는 주당 0.16달러의 분기별 현금 배당을 선언했으며, 2025년 7월 7일 기준 주주에게 2025년 7월 18일 지급될 예정입니다. 연간 배당금인 주당 0.64달러는 현재 주당 시장 가격 20.75달러를 기준으로 3.08%의 수익률을 나타냅니다.
Southern Michigan Bancorp는 Southern Michigan Bank & Trust를 통해 은행 지주회사로 운영되며, Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, St. Joseph 카운티에 걸쳐 18개의 지점을 보유하고 소비자, 기업 및 자산 관리 서비스를 제공합니다.
Southern Michigan Bancorp (OTC Pink : SOMC) a déclaré un dividende trimestriel en espèces de 0,16 $ par action, payable le 18 juillet 2025 aux actionnaires inscrits au 7 juillet 2025. Le dividende annualisé de 0,64 $ par action représente un rendement de 3,08% basé sur le cours actuel de 20,75 $ par action.
Southern Michigan Bancorp opère en tant que société holding bancaire via Southern Michigan Bank & Trust, avec 18 agences réparties dans les comtés de Branch, Calhoun, Hillsdale, Jackson, Kalamazoo et St. Joseph, offrant des services aux particuliers, aux entreprises et en gestion de patrimoine.
Southern Michigan Bancorp (OTC Pink: SOMC) hat eine vierteljährliche Bardividende von 0,16 $ pro Aktie angekündigt, zahlbar am 18. Juli 2025 an die Aktionäre, die am 7. Juli 2025 im Register stehen. Die annualisierte Dividende von 0,64 $ pro Aktie entspricht einer Rendite von 3,08 % basierend auf dem aktuellen Marktpreis von 20,75 $ pro Aktie.
Southern Michigan Bancorp agiert als Bank-Holdinggesellschaft über Southern Michigan Bank & Trust mit 18 Filialen in den Bezirken Branch, Calhoun, Hillsdale, Jackson, Kalamazoo und St. Joseph und bietet Dienstleistungen für Privatkunden, Unternehmen und Vermögensverwaltung an.
- Quarterly dividend of $0.16 per share maintained
- Attractive dividend yield of 3.08%
- Strong regional presence with 18 office locations
- None.
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
Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 18 offices within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph Counties providing a broad range of consumer, business, and wealth management services throughout the region. For more information, please visit the Southern Michigan Bank & Trust website, www.smb-t.com.
This press release contains forward-looking statements that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the financial services industry, the economy, and Southern Michigan Bancorp, Inc. Although we currently expect to continue to pay a quarterly cash dividend, each future dividend will be considered and declared by the board of directors in its discretion. Whether the board of directors continues to declare dividends depends on a number of factors, including our future financial condition and profitability. Forward-looking statements are based upon current beliefs and expectations and involve substantial risks, uncertainties, and assumptions (“risk factors”), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. We undertake no obligation to update or revise our forward-looking statements to reflect developments that occur, or information obtained after the date of this report.
CONTACT: John R. Waldron, President and CEO (517) 279-5500
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