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Southern Michigan Bancorp (SOMC) Dividend Yield, Date & History

Southern Michigan Bancorp logo
$18.40 +0.51 (+2.85%)
(As of 11/8/2024 ET)

Dividend Summary

Dividend Yield
3.26%
Annual Dividend
$0.60
Dividend Payout Ratio
26.67%
Recent
Dividend Payment
Oct. 18
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Southern Michigan Bancorp vs. The Competition

TypeSouthern Michigan BancorpFinance CompaniesOTCMKTS Companies
Annual Dividend$0.60$1.87$28.56
Dividend Yield3.26%1,045.69%1,812.95%

Southern Michigan Bancorp Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings26.67%
Based on Cashflow19.14%

Southern Michigan Bancorp Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/25/2024Quarterly$0.153.47%10/9/202410/9/202410/18/2024
6/25/2024Quarterly$0.153.76%7/8/20247/8/20247/19/2024
3/26/2024Quarterly$0.153.6%4/4/20244/5/20244/19/2024
12/19/2023Quarterly$0.143.61%1/4/20241/5/20241/19/2024
9/26/2023Quarterly$0.143.25%10/10/202310/11/202310/20/2023
6/28/2023Quarterly$0.143%7/13/20237/14/20237/28/2023
3/31/2023$0.143.01%4/6/20234/7/20234/21/2023
12/30/2022$0.132.7%1/5/20231/6/20231/20/2023
9/30/2022$0.132.54%10/6/202210/7/202210/21/2022
7/2/2022$0.132.34%7/14/20227/15/20227/29/2022
4/1/2022$0.132.45%4/7/20224/8/20224/22/2022
12/23/2021$0.377.55%12/30/202112/31/20211/28/2022
1/2/2022$0.122.38%1/6/20221/7/20221/21/2022
10/1/2021$0.482.46%10/7/202110/8/202110/22/2021
12/19/2017Quarterly$0.211/4/20181/5/20181/19/2018
9/19/2017$0.2110/5/201710/6/201710/20/2017
9/20/2017Quarterly$0.2110/5/201710/6/201710/20/2017
9/23/2014quarterly$0.1510/10/201410/24/2014
5/8/2014quarterly$0.157/3/20147/18/2014
3/18/2014quarterly$0.134/4/20144/18/2014
12/20/2013quarterly$0.131/10/20141/24/2014
9/24/2013quarterly$0.1310/4/201310/18/2013
6/18/2013quarterly$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 3.26%. 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
  • 19.14% based on cash flow
Is Southern Michigan Bancorp a good dividend stock?

Southern Michigan Bancorp's dividend yield of 3.38% 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.


This page (OTCMKTS:SOMC) was last updated on 11/8/2024 by MarketBeat.com Staff
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