Southern Michigan Bancorp Inc Stock Historical Dividends and Yields
Southern Michigan Bancorp Inc (SOMC) pays a dividend yield of 2.1% ($0.66 per share annually). The payout ratio is 0.25. The 5-year dividend growth rate is 0%. Southern Michigan Bancorp Inc has been paying dividends since 1999.
Below is Southern Michigan Bancorp Inc's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.
Dividend started since
Years of Dividend History
Years of No Dividend Reduction
Dividend Yield
Dividend Payout Ratio
Growth Rate (5-Year)
Yield on Cost (5-Year)
3-Year Share Buyback Ratio
Dividend Growth
Southern Michigan Bancorp Inc Dividend History & Ex-Dividend Dates
Complete history of 106 dividend payments by Southern Michigan Bancorp Inc since 1999. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.
| Ex-Dividend Date | Amount | Record Date | Pay Date | Declaration Date |
|---|---|---|---|---|
| 2026-07-06 | USD 0.17 | 2026-07-06 | 2026-07-17 | 2026-06-23 |
| 2026-04-02 | USD 0.17 | 2026-04-03 | 2026-04-17 | 2026-03-17 |
| 2026-01-09 | USD 0.16 | 2026-01-09 | 2026-01-23 | 2025-12-16 |
| 2025-10-06 | USD 0.16 | 2025-10-06 | 2025-10-17 | 2025-09-23 |
| 2025-07-07 | USD 0.16 | 2025-07-07 | 2025-07-18 | 2025-06-24 |
| 2025-04-04 | USD 0.16 | 2025-04-04 | 2025-04-18 | 2025-03-18 |
| 2025-01-10 | USD 0.15 | 2025-01-10 | 2025-01-24 | 2024-12-17 |
| 2024-10-09 | USD 0.15 | 2024-10-09 | 2024-10-18 | 2024-09-25 |
| 2024-07-08 | USD 0.15 | 2024-07-08 | 2024-07-19 | 2024-06-26 |
| 2024-04-04 | USD 0.15 | 2024-04-05 | 2024-04-19 | 2024-03-26 |
| 2024-01-04 | USD 0.14 | 2024-01-05 | 2024-01-19 | 2023-12-19 |
| 2023-10-10 | USD 0.14 | 2023-10-11 | 2023-10-20 | 2023-09-26 |
| 2023-07-13 | USD 0.14 | 2023-07-14 | 2023-07-28 | 2023-06-28 |
| 2023-04-06 | USD 0.14 | 2023-04-10 | 2023-04-21 | 2023-03-28 |
| 2023-01-05 | USD 0.13 | 2023-01-06 | 2023-01-20 | 2022-12-21 |
| 2022-10-06 | USD 0.13 | 2022-10-10 | 2022-10-21 | 2022-09-27 |
| 2022-07-14 | USD 0.13 | 2022-07-15 | 2022-07-29 | 2022-06-29 |
| 2022-04-07 | USD 0.13 | 2022-04-08 | 2022-04-22 | 2022-03-23 |
| 2022-01-06 | USD 0.12 | 2022-01-07 | 2022-01-21 | 2021-12-22 |
| 2021-10-07 | USD 0.12 | 2021-10-11 | 2021-10-22 | 2021-09-28 |
| 2021-07-08 | USD 0.12 | 2021-07-09 | 2021-07-23 | 2021-06-23 |
| 2021-04-08 | USD 0.12 | 2021-04-09 | 2021-04-23 | 2021-04-08 |
| 2021-01-07 | USD 0.115 | 2021-01-08 | 2021-01-22 | 2020-12-16 |
| 2020-10-08 | USD 0.115 | 2020-10-09 | 2020-10-23 | 2020-09-23 |
| 2020-07-09 | USD 0.115 | 2020-07-10 | 2020-07-24 | 2020-06-24 |
| 2020-04-08 | USD 0.115 | 2020-04-10 | 2020-04-24 | 2020-03-24 |
| 2020-01-03 | USD 0.115 | 2020-01-06 | 2020-01-17 | 2020-01-02 |
| 2019-10-10 | USD 0.115 | 2019-10-11 | 2019-10-25 | 2019-09-25 |
| 2019-07-11 | USD 0.115 | 2019-07-12 | 2019-07-26 | 2019-05-09 |
| 2019-04-11 | USD 0.11 | 2019-04-12 | 2019-04-26 | 2019-03-27 |
| 2019-01-03 | USD 0.11 | 2019-01-04 | 2019-01-18 | 2018-12-19 |
| 2018-10-11 | USD 0.11 | 2018-10-12 | 2018-10-26 | 2018-09-26 |
| 2018-07-09 | USD 0.11 | 2018-07-10 | 2018-07-20 | 2018-06-27 |
| 2018-04-05 | USD 0.105 | 2018-04-06 | 2018-04-20 | 2018-03-21 |
| 2018-01-04 | USD 0.105 | 2018-01-05 | 2018-01-19 | 2017-12-19 |
| 2017-10-05 | USD 0.105 | 2017-10-06 | 2017-10-20 | 2017-09-19 |
| 2017-07-05 | USD 0.105 | 2017-07-07 | 2017-07-21 | 2017-07-03 |
| 2017-04-05 | USD 0.1 | 2017-04-07 | 2017-04-21 | 2017-03-24 |
| 2017-01-04 | USD 0.1 | 2017-01-06 | 2017-01-20 | 2016-12-20 |
| 2016-10-05 | USD 0.1 | 2016-10-07 | 2016-10-21 | 2016-09-20 |
Frequently Asked Questions: SOMC Dividend
What is Southern Michigan Bancorp Inc's (SOMC) current dividend yield?
Southern Michigan Bancorp Inc (SOMC) currently has a dividend yield of 2.1%, paying $0.66 per share annually. The forward yield is 2.16%.
What is Southern Michigan Bancorp Inc's payout ratio?
Southern Michigan Bancorp Inc's payout ratio is 0.25, which represents the percentage of earnings paid out as dividends. A lower payout ratio generally suggests more room for future dividend growth and greater safety during earnings downturns.
How long has Southern Michigan Bancorp Inc been paying dividends?
Southern Michigan Bancorp Inc has been paying dividends since 1999, a 27-year track record.
Is Southern Michigan Bancorp Inc's dividend growing?
Southern Michigan Bancorp Inc's dividend has grown at an annualized rate of 0% over the past 5 years and 0% over the past 10 years. Dividend growth has been flat or negative recently.
Where can I see Southern Michigan Bancorp Inc's complete dividend data?
Above this section you'll find Southern Michigan Bancorp Inc's complete dividend payment history, ex-dividend dates, payout ratio trends, and yield charts. For broader analysis of Southern Michigan Bancorp Inc as an investment, visit the Southern Michigan Bancorp Inc Stock summary page on GuruFocus.
Dividend Yield History
Dividend Per Share History
Dividend Payout Ratio
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