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Southern Michigan Bancorp Inc (SOMC)
OTHER OTC:SOMC
Dividend Data
Next Ex-Dividend Date
Oct 06, 2025Payment date
Oct 17, 2025
Oct 17, 2025
Dividend Amount Per Share
$0.16Quarterly
Dividend Yield
2.48%Sector: Financial
Sector Average: 1.338%
Sector Average: 1.338%
Payout Ratio
24.74%Dividend Growth
Over 17 years Since 2009
Moderate Buy
Last 3 Months
SOMC Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Oct 06, 2025 | Oct 06, 2025 | Oct 17, 2025 | Quarterly | Sep 23, 2025 | $0.16 |
Jul 07, 2025 | Jul 07, 2025 | Jul 18, 2025 | Quarterly | Jun 24, 2025 | $0.16 |
Apr 04, 2025 | Apr 04, 2025 | Apr 18, 2025 | Quarterly | Mar 18, 2025 | $0.16 |
Jan 10, 2025 | Jan 10, 2025 | Jan 24, 2025 | Quarterly | Dec 17, 2024 | $0.15 |
Oct 09, 2024 | Oct 09, 2024 | Oct 18, 2024 | Quarterly | Sep 25, 2024 | $0.15 |
Jul 08, 2024 | Jul 08, 2024 | Jul 19, 2024 | Quarterly | Jun 25, 2024 | $0.15 |
Apr 04, 2024 | Apr 05, 2024 | Apr 19, 2024 | Quarterly | Mar 26, 2024 | $0.15 |
Jan 04, 2024 | Jan 05, 2024 | Jan 19, 2024 | Quarterly | Dec 19, 2023 | $0.14 |
Oct 10, 2023 | Oct 11, 2023 | Oct 20, 2023 | Quarterly | Sep 26, 2023 | $0.14 |
Jul 13, 2023 | Jul 14, 2023 | Jul 28, 2023 | Quarterly | Jun 28, 2023 | $0.14 |
FAQ
Does Southern Michigan Bancorp Inc pay dividends?
Yes, SOMC has paid a dividend within the past 12 months.
How much is Southern Michigan Bancorp Inc's dividend?
SOMC pays a dividend of $0.16 per share. SOMC's annual dividend yield is 2.48%.
When is Southern Michigan Bancorp Inc ex-dividend date?
Southern Michigan Bancorp's upcoming ex-dividend date is on Oct 06, 2025. Southern Michigan Bancorp shareholders who own SOMC stock before this date will receive Southern Michigan Bancorp's next dividend payment of $0.16 per share on Oct 17, 2025. Add SOMC to your watchlist to be reminded before Southern Michigan Bancorp's ex-dividend date.
When is Southern Michigan Bancorp Inc dividend payment date?
Southern Michigan Bancorp's next dividend payment date is on Oct 17, 2025, when Southern Michigan Bancorp shareholders who own SOMC shares before Oct 06, 2025 will receive a dividend payment of $0.16 per share. Add SOMC to your watchlist to be reminded of SOMC's next dividend payment.
Does Southern Michigan Bancorp Inc have sufficient earnings to cover their dividend?
Yes, SOMC's past year earnings per share was $0.7, and their annual dividend per share is $0.63. SOMC's dividend payout ratio is 24.74% ($0.63/$0.7) which is sustainable.