Southern Michigan Bancorp Inc. (SOMC) Announces Quarterly Dividend of $0.13
Southern Michigan Bancorp (OTC:SOMC) declared a quarterly dividend on Tuesday, September 24th, AR Network reports. Investors of record on Friday, October 4th will be given a dividend of $0.13 per share on Friday, October 18th. This represents a $0.52 dividend on an annualized basis and a yield of 3.15%.
Southern Michigan Bancorp (OTC:SOMC) opened at 16.50 on Tuesday. Southern Michigan Bancorp has a 52 week low of $13.25 and a 52 week high of $18.00. The stock’s 50-day moving average is $16.81 and its 200-day moving average is $17.39. The company has a market cap of $39.6 million and a P/E ratio of 8.83.
Southern Michigan Bancorp, Inc is a bank holding company for Southern Michigan Bank & Trust (OTC:SOMC).
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