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Southern Michigan Bancorp (SOMC) Dividend Date & History

Southern Michigan Bancorp (SOMC) pays a Quarterly dividend. This page shows SOMC’s dividend history, latest dividend amount, dividend yield, ex-dividend date, record date, and dividend payment date.

Dividend Data

Last Ex-Dividend Date
Oct 05, 2026
Payment date
Oct 16, 2026
Dividend Amount Per Share
$0.17
Quarterly
Dividend Yield
2.27%
Sector: Financial
Sector Average: 1.247%
Payout Ratio
24.82%
Dividend Growth
Over 18 years
Since 2009

Dividend Amount Per Share

$0.00$0.05$0.10$0.15$0.20Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026Oct 2026

SOMC Dividend History

SOMC dividend history
Ex-DateRecord DatePayment DateFrequencyDeclaration DateAmount
Oct 05, 2026Oct 05, 2026Oct 16, 2026QuarterlySep 22, 2026$0.17
Jul 06, 2026Jul 06, 2026Jul 17, 2026QuarterlyJun 23, 2026$0.17
Apr 02, 2026Apr 03, 2026Apr 17, 2026QuarterlyMar 17, 2026$0.17
Jan 09, 2026Jan 09, 2026Jan 23, 2026QuarterlyDec 16, 2025$0.16
Oct 06, 2025Oct 06, 2025Oct 17, 2025QuarterlySep 23, 2025$0.16
Jul 07, 2025Jul 07, 2025Jul 18, 2025QuarterlyJun 24, 2025$0.16
Apr 04, 2025Apr 04, 2025Apr 18, 2025QuarterlyMar 18, 2025$0.16
Jan 10, 2025Jan 10, 2025Jan 24, 2025QuarterlyDec 17, 2024$0.15
Oct 09, 2024Oct 09, 2024Oct 18, 2024QuarterlySep 25, 2024$0.15
Jul 08, 2024Jul 08, 2024Jul 19, 2024QuarterlyJun 25, 2024$0.15

The table shows Southern Michigan Bancorp ’s dividend history, including amount per share, payout frequency, declaration, record and payment dates.

FAQ

Does Southern Michigan Bancorp pay dividends?
Yes, SOMC has paid a dividend within the past 12 months.
How much is Southern Michigan Bancorp's dividend?
SOMC pays a dividend of $0.17 per share. SOMC's annual dividend yield is 2.27%.
When is Southern Michigan Bancorp ex-dividend date?
Southern Michigan Bancorp's previous ex-dividend date was on Oct 05, 2026. Southern Michigan Bancorp shareholders who own SOMC stock before this date received Southern Michigan Bancorp's last dividend payment of $0.17 per share on Oct 16, 2026. SOMC's next ex-dividend date has not been announced yet.
When is Southern Michigan Bancorp dividend payment date?
Southern Michigan Bancorp's next quarterly payment date is on Oct 16, 2026, when Southern Michigan Bancorp shareholders who owned SOMC shares before Oct 05, 2026 received a dividend payment of $0.17 per share. Add SOMC to your watchlist to be reminded of SOMC's next dividend payment.
Does Southern Michigan Bancorp have sufficient earnings to cover their dividend?
Yes — SOMC's payout ratio is 24.82% ($0.67 ÷ $2.7 trailing-12-month EPS).