SOMC
Price:
$31.5
Market Cap:
$144.42M
Southern Michigan Bancorp, Inc. serves as the bank holding company for Southern Michigan Bank & Trust, delivering a comprehensive array of commercial banking solutions. These services cater to individuals, businesses, institutions, and governmental agencies, predominantly within southwest Michigan communities. Its diverse deposit offerings encompass interest-bearing and non-interest checking accounts, various savings and money market accounts, time, savings, and demand deposits, as well as Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs). The company extends various lending solutions. For consumers, these include home mortgages, equity loans, home equity lines of credi...[Read more]
Industry
Banks - Regional
IPO Date
1999-04-26
Stock Exchange
OTC
Ticker
SOMC
Dividends are a key part of long-term returns for investors, and Southern Michigan Bancorp, Inc. (SOMC) has a track record worth reviewing. Looking at dividend history for SOMC gives you an idea of how consistent the dividends have been and what you might expect in the future.
Ex-Dividend Date
2026-04-02
Dividend Yield
2.06%
Annual Dividend
$0.17
P/E Ratio
9.78
Payout Ratio
0
Dividend per Share
$0.65
EPS
3.22
| Ex-Date/EFF Date | Dividend Amount | Adjusted Dividend | Payment Date | Declaration Date |
|---|---|---|---|---|
| 2026-04-02 | $0.17 | $0.17 | 2026-04-17 | 2026-03-17 |
| 2026-01-09 | $0.16 | $0.16 | 2026-01-23 | 2025-12-16 |
| 2025-10-06 | $0.16 | $0.16 | 2025-10-17 | 2025-09-23 |
| 2025-07-07 | $0.16 | $0.16 | 2025-07-18 | 2025-06-24 |
| 2025-04-04 | $0.16 | $0.16 | 2025-04-18 | 2025-03-18 |
| 2025-01-10 | $0.15 | $0.15 | 2025-01-24 | 2024-12-17 |
| 2024-10-09 | $0.15 | $0.15 | 2024-10-18 | 2024-09-25 |
| 2024-07-08 | $0.15 | $0.15 | 2024-07-19 | 2024-06-25 |
| 2024-04-04 | $0.15 | $0.15 | 2024-04-19 | 2024-03-26 |
| 2024-01-04 | $0.14 | $0.14 | 2024-01-19 | 2023-12-19 |
| 2023-10-10 | $0.14 | $0.14 | 2023-10-20 | 2023-09-26 |
The table below shows Southern Michigan Bancorp, Inc. (SOMC) dividend history over the years, including the amount per share, the payout date, and any adjustments for stock splits.
Southern Michigan Bancorp, Inc. (SOMC) dividend history also allows you to track its dividend growth over time. This gives you insight into how the company’s earnings and payout ratios have evolved. Tracking this growth can help you gauge the stock's potential for future income.
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