OTCMKTS:SOMC Southern Michigan Bancorp (SOMC) Dividend Yield, Date & History $16.50 0.00 (0.00%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$16.50▼$16.5050-Day Range$16.50▼$18.6552-Week Range$15.55▼$22.25VolumeN/AAverage Volume2,855 shsMarket Capitalization$74.25 millionP/E Ratio5.83Dividend Yield3.39%Price TargetN/A DividendProfileChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestProfileChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Dividend SummaryDividend Yield3.39%Annual Dividend$0.56Dividend Payout Ratio 19.79% Next Dividend Payment Oct. 20 Get Dividend Stock Ideas Daily Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Email Address Skip Charts & View Dividend HistorySOMC Dividend PaymentsOpen Southern Michigan Bancorp in Dividend Calculator →SOMC Dividend Yield Over Time Open Southern Michigan Bancorp in Dividend Yield Calculator → Southern Michigan Bancorp vs. The CompetitionTypeSouthern Michigan BancorpFinance CompaniesOTCMKTS CompaniesAnnual Dividend$0.56$2.09$29.07Dividend Yield3.39%1,426.03%1,803.77%Southern Michigan Bancorp Dividend Payout RatioTypePayout RatioBased on Trailing 12 Months of Earnings19.79%Based on Cashflow16.29% Southern Michigan Bancorp Dividend History by QuarterAnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date9/26/2023Quarterly$0.143.25%10/10/202310/11/202310/20/20236/28/2023Quarterly$0.143%7/13/20237/14/20237/28/20233/31/2023$0.143.01%4/6/20234/7/20234/21/202312/30/2022$0.132.7%1/5/20231/6/20231/20/20239/30/2022$0.132.54%10/6/202210/7/202210/21/20227/2/2022$0.132.34%7/14/20227/15/20227/29/20224/1/2022$0.132.45%4/7/20224/8/20224/22/202212/23/2021$0.377.55%12/30/202112/31/20211/28/20221/2/2022$0.122.38%1/6/20221/7/20221/21/202210/1/2021$0.482.46%10/7/202110/8/202110/22/202112/19/2017Quarterly$0.211/4/20181/5/20181/19/20189/19/2017$0.2110/5/201710/6/201710/20/20179/20/2017Quarterly$0.2110/5/201710/6/201710/20/20179/23/2014quarterly$0.1510/10/201410/24/20145/8/2014quarterly$0.157/3/20147/18/20143/18/2014quarterly$0.134/4/20144/18/201412/20/2013quarterly$0.131/10/20141/24/20149/24/2013quarterly$0.1310/4/201310/18/20136/18/2013quarterly$0.127/5/20137/19/2013(Data available from 1/1/2013 forward) Southern Michigan Bancorp Dividend - Frequently Asked Questions What is Southern Michigan Bancorp's dividend yield? The current dividend yield for Southern Michigan Bancorp is 3.39%. Learn more on SOMC's dividend yield history. How much is Southern Michigan Bancorp's annual dividend? The annual dividend for SOMC shares is $0.56. Learn more on SOMC's annual dividend history. How often does Southern Michigan Bancorp pay dividends? Southern Michigan Bancorp pays quarterly dividends to shareholders. When is Southern Michigan Bancorp's next dividend payment? Southern Michigan Bancorp's next quarterly dividend payment of $0.14 per share will be made to shareholders on Friday, October 20, 2023. When was Southern Michigan Bancorp's most recent dividend payment? Southern Michigan Bancorp's most recent quarterly dividend payment of $0.14 per share was made to shareholders on Friday, July 28, 2023. When is Southern Michigan Bancorp's ex-dividend date? Southern Michigan Bancorp's next ex-dividend date is Tuesday, October 10, 2023. When was Southern Michigan Bancorp's most recent ex-dividend date? Southern Michigan Bancorp's most recent ex-dividend date was Thursday, July 13, 2023. When did Southern Michigan Bancorp last increase or decrease its dividend? The most recent change in the company's dividend was an increase of $0.01 on Friday, March 31, 2023. What is Southern Michigan Bancorp's dividend payout ratio? The dividend payout ratio for SOMC is: 19.79% based on the trailing year of earnings 16.29% based on cash flow More Dividend Resources from MarketBeat Related Companies: AUBN Dividend SFDL Dividend FMBM Dividend DIMC Dividend QNBC Dividend CZBS Dividend UBCP Dividend PBHC Dividend EBMT Dividend PFBX Dividend Dividend Tools: Dividend Stocks Overview Dividend Investing Guide Dividend Newsletter Dividend Screener Dividend Capture Stocks Dividend Calculator (Web) Dividend Calculator (Excel) Dividend Payout Ratio Calculator Dividend Tax Calculator Dividend Yield Calculator Ex-Dividend Calendar Dividend Announcements Dividend Increases Dividend Cuts Special Dividends Stock Lists: Best Dividend Stocks Blue Chip Stocks Cheap Dividend Stocks Dividend Achievers Dividend Aristocrats Dividend Challengers Dividend Champions Dividend Contenders Dividend ETFs Dividend Kings High-Yield REITs High-Yield Stocks Monthly Dividend Stocks Real Estate Investment Trusts Latest Articles: Can Investors Win the Race with Dividend Achiever Nike?Energy Stocks Shine as High Oil Prices Boost Dividend YieldsThe Odds Are High Costco Will Declare a Special Dividend Soon Clorox Pullback Presents a Chance to Clean Up on a 3.6% DividendEnterprise Products: 7.33% Yield and 26-Years of Dividend Growth3 Tasty Dividend Stocks With Value and Above-Average YieldsAnalyzing a Company's Financial Statements for Dividend PotentialHostess Acquisition, 3.3% Dividend Make J.M. Smucker a Sweet DealWant Income? These 3 Stocks Boosting Their Dividend Payouts More Dividend News This page (OTCMKTS:SOMC) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Southern Michigan Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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