Southern Michigan Bancorp, Inc.
SOMC
Price:
$18.65
Market Cap:
$85.51M
Southern Michigan Bancorp, Inc. operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest Michigan communities. Its deposit products include interest and non-interest checking, savings, and various types of money market accounts; time, savings, and demand deposits; and certificates of deposit and IRAs. The company also provides home mortgages and equity loans, home equity line of credit, and auto/personal loans; business loans, such as lines of credit, term loans, commercial real estate loans, commercial and industrial loans, agricu...[Read more]
Industry
Banks - Regional
IPO Date
1999-04-26
Stock Exchange
PNK
Ticker
SOMC
PE Ratio
[9.61]
ROE
[10.01%]
Current Ratio
[0.55]
Dividend Yield
[3.16%]
Enterprise Value
[204.80M]
Dividend History
SOMC Dividend History Overview
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
2024-10-09
Dividend Yield
3.16%
Annual Dividend
$0.15
P/E Ratio
9.61
Payout Ratio
0
Dividend per Share
$0.59
EPS
1.94
| Ex-Date/EFF Date | Dividend Amount | Adjusted Dividend | Payment Date | Declaration Date |
|---|---|---|---|---|
| 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 |
| 2023-07-13 | $0.14 | $0.14 | 2023-07-28 | 2023-06-28 |
| 2023-04-06 | $0.14 | $0.14 | 2023-04-21 | 2023-03-28 |
| 2023-01-05 | $0.13 | $0.13 | 2023-01-20 | 2022-12-21 |
| 2022-10-06 | $0.13 | $0.13 | 2022-10-21 | 2022-09-27 |
| 2022-07-14 | $0.13 | $0.13 | 2022-07-29 | 2022-06-28 |
| 2022-04-07 | $0.13 | $0.13 | 2022-04-22 | 2022-03-23 |
Southern Michigan Bancorp, Inc. (SOMC) Dividend History Chart
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 Growth
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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Frequently asked questions❓
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