SOMC News and Press, Southern Michigan Bancorp Inc From 04/13/21

The Board of Southern Michigan Bancorp (SOMC) has declared a one hundred percent stock dividend payable on May 14, 2021 for shareholders of record April 26, 2021. “The declaration of this stock dividend is the result of Southern Michigan’s strong financial condition and the opti...

COLDWATER, Mich., April 13, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced today the declaration of a one hundred percent stock dividend payable on May 14, 2021 for shareholders of record April 26, 2021. “The declar...

This is a monthly update of the Dividend Champions List. 40 companies declared higher dividends in the past month, with an average increase of 8.48% over their previous payouts. There are five new Contenders and three new Challengers. For further details see: Dividend Ch...

Southern Michigan (SOMC) declares $0.24/share quarterly dividend, 4.3% increase from prior dividend of $0.23.Forward yield 2.84%Payable April 23; for shareholders of record April 9; ex-div April 8.See SOMC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

COLDWATER, Mich., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) reported net income of $7,386,000 for 2020 compared to $8,622,000 for 2019.   Earnings per share were $3.21 for 2020 compared to $3.74 for 2019. Fourth quarter 2020 net income was ...

Monthly update of the Dividend Champions List. 55 companies declared higher dividends in the past month, with an average increase of 6.1% over their previous payouts. One new Champion, ten new Contenders, and seven new Challengers. For further details see: Dividend Champ...

COLDWATER, Mich., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter 2020 net income of $2,018,000, or $0.88 per share, compared to net income of $2,540,000, or $1.10 per share, for the third quarter of 2019. Southern earned $5,362,000...

Southern Michigan (SOMC) declares $0.23/share quarterly dividend, in line with previous.Forward yield 3.07%Payable Oct. 23; for shareholders of record Oct. 9; ex-div Oct. 8.See SOMC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Southern Michigan declar...

About the Dividend Champions List The Dividend Champions list is a monthly publication tracking companies with a history of consistently increasing their dividends. Wider in scope than the well-known S&P 500 Dividend Aristocrats and Nasdaq Dividend Achievers , the Dividend Champions c...

COLDWATER, Mich., July 29, 2020 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2020 net income of $1,831,000, or $0.79 per share, compared to net income of $2,326,000, or $1.01 per share, for the second quarter of 2019.  Southern earned $3...