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Southern Michigan Bancorp, Inc. Declares Cash Dividend

Markets GlobeNewswire By GlobeNewswire 24 Jun 2026 11:20 1 min read
Southern Michigan Bancorp, Inc. Declares Cash Dividend

COLDWATER, Mich., June 24, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.17 per share on the outstanding shares of the corporation’s stock. The dividend is payable on July 17, 2026, to shareholders of record July 6, 2026. The annualized cash dividend of $0.68 per share represents a 2.13% dividend yield based on the current market price of $32.00 per share.

COLDWATER, Mich., June 24, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.17 per share on the outstanding shares of the corporation’s stock. The dividend is payable on July 17, 2026, to shareholders of record July 6, 2026. The annualized cash dividend of $0.68 per share represents a 2.13% dividend yield based on the current market price of $32.00 per share.

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