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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
- Dividend Amount Per Share
- $0.17
- Dividend Yield
- 2.27%
- Payout Ratio
- 24.82%
- Dividend Growth
- Over 18 years
Payment date
Oct 16, 2026
Oct 16, 2026
Quarterly
Sector: Financial
Sector Average: 1.247%
Sector Average: 1.247%
Since 2009
Dividend Amount Per Share
SOMC Dividend History
| Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| Oct 05, 2026 | Oct 05, 2026 | Oct 16, 2026 | Quarterly | Sep 22, 2026 | $0.17 |
| Jul 06, 2026 | Jul 06, 2026 | Jul 17, 2026 | Quarterly | Jun 23, 2026 | $0.17 |
| Apr 02, 2026 | Apr 03, 2026 | Apr 17, 2026 | Quarterly | Mar 17, 2026 | $0.17 |
| Jan 09, 2026 | Jan 09, 2026 | Jan 23, 2026 | Quarterly | Dec 16, 2025 | $0.16 |
| 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 |
| Ex-Date | Amount | Payment Date | Record Date | Frequency | Declaration Date |
|---|---|---|---|---|---|
| Oct 05, 2026 | $0.17 | Oct 16, 2026 | Oct 05, 2026 | Quarterly | Sep 22, 2026 |
| Jul 06, 2026 | $0.17 | Jul 17, 2026 | Jul 06, 2026 | Quarterly | Jun 23, 2026 |
| Apr 02, 2026 | $0.17 | Apr 17, 2026 | Apr 03, 2026 | Quarterly | Mar 17, 2026 |
| Jan 09, 2026 | $0.16 | Jan 23, 2026 | Jan 09, 2026 | Quarterly | Dec 16, 2025 |
| Oct 06, 2025 | $0.16 | Oct 17, 2025 | Oct 06, 2025 | Quarterly | Sep 23, 2025 |
| Jul 07, 2025 | $0.16 | Jul 18, 2025 | Jul 07, 2025 | Quarterly | Jun 24, 2025 |
| Apr 04, 2025 | $0.16 | Apr 18, 2025 | Apr 04, 2025 | Quarterly | Mar 18, 2025 |
| Jan 10, 2025 | $0.15 | Jan 24, 2025 | Jan 10, 2025 | Quarterly | Dec 17, 2024 |
| Oct 09, 2024 | $0.15 | Oct 18, 2024 | Oct 09, 2024 | Quarterly | Sep 25, 2024 |
| Jul 08, 2024 | $0.15 | Jul 19, 2024 | Jul 08, 2024 | Quarterly | Jun 25, 2024 |
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).
