Southern Michigan Bancorp (SOMC) Dividend Yield, Date & History $18.70 +0.15 (+0.81%) (As of 11/20/2024 ET) Add Compare Share Share Dividend Stock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Dividend SummaryDividend Yield3.21%Annual Dividend$0.60Dividend Payout Ratio 26.67% Recent Dividend Payment Oct. 18 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistorySOMC Dividend PaymentsOpen Southern Michigan Bancorp in Dividend Calculator SOMC Dividend Yield Over Time Open Southern Michigan Bancorp in Dividend Yield Calculator Ad Crypto Swap Profits[625,000% Gain] – Are You Ready for the Next Altcoin Boom?All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.Register for the FREE Workshop Now & get $10 in Bitcoin Southern Michigan Bancorp vs. The CompetitionTypeSouthern Michigan BancorpFinance CompaniesOTCMKTS CompaniesAnnual Dividend$0.60$1.90$28.96Dividend Yield3.21%1,014.06%1,814.07%Southern Michigan Bancorp Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings26.67%Based on Cashflow19.67% Southern Michigan Bancorp Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date9/25/2024Quarterly$0.153.47%10/9/202410/9/202410/18/20246/25/2024Quarterly$0.153.76%7/8/20247/8/20247/19/20243/26/2024Quarterly$0.153.6%4/4/20244/5/20244/19/202412/19/2023Quarterly$0.143.61%1/4/20241/5/20241/19/20249/26/2023Quarterly$0.143.25%10/10/202310/11/202310/20/20236/28/2023Quarterly$0.143%7/13/20237/14/20237/28/20233/31/2023$0.143.01%4/6/20234/7/20234/21/202312/30/2022$0.132.7%1/5/20231/6/20231/20/20239/30/2022$0.132.54%10/6/202210/7/202210/21/20227/2/2022$0.132.34%7/14/20227/15/20227/29/20224/1/2022$0.132.45%4/7/20224/8/20224/22/202212/23/2021$0.377.55%12/30/202112/31/20211/28/20221/2/2022$0.122.38%1/6/20221/7/20221/21/202210/1/2021$0.482.46%10/7/202110/8/202110/22/202112/19/2017Quarterly$0.211/4/20181/5/20181/19/20189/19/2017$0.2110/5/201710/6/201710/20/20179/20/2017Quarterly$0.2110/5/201710/6/201710/20/20179/23/2014quarterly$0.1510/10/201410/24/20145/8/2014quarterly$0.157/3/20147/18/20143/18/2014quarterly$0.134/4/20144/18/201412/20/2013quarterly$0.131/10/20141/24/20149/24/2013quarterly$0.1310/4/201310/18/20136/18/2013quarterly$0.127/5/20137/19/2013(Data available from 1/1/2013 forward) Southern Michigan Bancorp Dividend - Frequently Asked Questions What is Southern Michigan Bancorp's dividend yield? The current dividend yield for Southern Michigan Bancorp is 3.21%. Learn more on SOMC's dividend yield history. How much is Southern Michigan Bancorp's annual dividend? The annual dividend for SOMC shares is $0.60. Learn more on SOMC's annual dividend history. How often does Southern Michigan Bancorp pay dividends? Southern Michigan Bancorp pays quarterly dividends to shareholders. When was Southern Michigan Bancorp's most recent dividend payment? Southern Michigan Bancorp's most recent quarterly dividend payment of $0.15 per share was made to shareholders on Friday, October 18, 2024. When was Southern Michigan Bancorp's most recent ex-dividend date? Southern Michigan Bancorp's most recent ex-dividend date was Wednesday, October 9, 2024. When did Southern Michigan Bancorp last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.01 on Tuesday, March 26, 2024. What is Southern Michigan Bancorp's dividend payout ratio? The dividend payout ratio for SOMC is: 26.67% based on the trailing year of earnings 19.67% based on cash flow Is Southern Michigan Bancorp a good dividend stock? Southern Michigan Bancorp's dividend yield of 3.23% is lower than the average Finance company that issues a dividend. Southern Michigan Bancorp's dividend payout ratio of 26.67% is at a healthy, sustainable level, below 75% of its earnings. 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