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Southern Michigan Bancorp Inc (SOMC)
OTHER OTC:SOMC
Holding SOMC?
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Dividend Data
Last Ex-Dividend Date
Oct 09, 2024Payment date
Oct 18, 2024
Oct 18, 2024
Dividend Amount Per Share
$0.15Quarterly
Dividend Yield
3.15%Sector: Financial
Sector Average: 1.291%
Sector Average: 1.291%
Payout Ratio
26.28%Dividend Growth
3 years Since 2022
Last 3 Months
SOMC Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| 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 |
| Apr 06, 2023 | Apr 10, 2023 | Apr 21, 2023 | Quarterly | Mar 28, 2023 | $0.14 |
| Jan 05, 2023 | Jan 06, 2023 | Jan 20, 2023 | Quarterly | Dec 21, 2022 | $0.13 |
| Oct 06, 2022 | Oct 10, 2022 | Oct 21, 2022 | Quarterly | Sep 27, 2022 | $0.13 |
| Jul 14, 2022 | Jul 15, 2022 | Jul 29, 2022 | Quarterly | Jun 29, 2022 | $0.13 |
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 3.15%.
When is Southern Michigan Bancorp Inc ex-dividend date?
Southern Michigan Bancorp's previous ex-dividend date was on Oct 09, 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 Oct 18, 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 Oct 18, 2024, when Southern Michigan Bancorp shareholders who owned SOMC shares before Oct 09, 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 $2.24, and their annual dividend per share is $0.59. SOMC's dividend payout ratio is 26.28% ($0.59/$2.24) which is sustainable.