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Southern Michigan Bancorp Inc (SOMC)
OTHER OTC:SOMC
Southern Michigan Bancorp (SOMC) Dividend Date & History
6 Followers
Dividend Data
Last Ex-Dividend Date
Apr 04, 2024Payment date
Apr 19, 2024
Apr 19, 2024
Dividend Amount Per Share
$0.15Quarterly
Dividend Yield
3.45%Sector: Financial
Sector Average: 2.114%
Sector Average: 2.114%
Payout Ratio
24.48%Dividend Growth
2 years Since 2022
Last 3 Months
SOMC Dividend History
Ex-Date | Amount | Frequency | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|
| Apr 04, 2024 | $0.15 | Quarterly | Mar 26, 2024 | Apr 05, 2024 | Apr 19, 2024 |
| Jan 04, 2024 | $0.14 | Quarterly | Dec 19, 2023 | Jan 05, 2024 | Jan 19, 2024 |
| Oct 10, 2023 | $0.14 | Quarterly | Sep 26, 2023 | Oct 11, 2023 | Oct 20, 2023 |
| Jul 13, 2023 | $0.14 | Quarterly | Jun 28, 2023 | Jul 14, 2023 | Jul 28, 2023 |
| Apr 06, 2023 | $0.14 | Quarterly | Mar 28, 2023 | Apr 10, 2023 | Apr 21, 2023 |
| Jan 05, 2023 | $0.13 | Quarterly | Dec 21, 2022 | Jan 06, 2023 | Jan 20, 2023 |
| Oct 06, 2022 | $0.13 | Quarterly | Sep 27, 2022 | Oct 10, 2022 | Oct 21, 2022 |
| Jul 14, 2022 | $0.13 | Quarterly | Jun 29, 2022 | Jul 15, 2022 | Jul 29, 2022 |
| Apr 07, 2022 | $0.13 | Quarterly | Mar 23, 2022 | Apr 08, 2022 | Apr 22, 2022 |
| Jan 06, 2022 | $0.12 | Quarterly | Dec 22, 2021 | Jan 07, 2022 | Jan 21, 2022 |
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 $0.15 per share. SOMC's annual dividend yield is 3.45%.
When is Southern Michigan Bancorp Inc ex-dividend date?
Southern Michigan Bancorp's previous ex-dividend date was on Apr 04, 2024. Southern Michigan Bancorp shareholders who own SOMC stock before this date received Southern Michigan Bancorp's last dividend payment of $0.15 per share on Apr 19, 2024. SOMC's next ex-dividend date has not been announced yet.
When is Southern Michigan Bancorp Inc dividend payment date?
Southern Michigan Bancorp’s next quarterly payment date is on Apr 19, 2024, when Southern Michigan Bancorp shareholders who owned SOMC shares before Apr 04, 2024 received a dividend payment of $0.15 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 $2.33, and their annual dividend per share is $0.57. SOMC's dividend payout ratio is 24.48% ($0.57/$2.33) which is sustainable.