Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SOMC vs UBNC, EMCF, AMRB: Dividend Yield % Comparison
For the Banks - Regional subindustry, Southern Michigan Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Southern Michigan Bancorp Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Southern Michigan Bancorp's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Southern Michigan Bancorp's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Southern Michigan Bancorp Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.170000
2026-04-02
2026-04-03
2026-04-17
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160000
2026-01-09
2026-01-09
2026-01-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160000
2025-10-06
2025-10-06
2025-10-17
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160000
2025-07-07
2025-07-07
2025-07-18
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Southern Michigan Bancorp (SOMC) has a Dividend Yield % of 2.03% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Southern Michigan Bancorp and its competitors.
Is Southern Michigan Bancorp's Dividend Yield % too high?
Southern Michigan Bancorp's current Dividend Yield % is 2.03%. The Banks industry median Dividend Yield % is 3.04. Southern Michigan Bancorp's value of 2.03% is 33.2% below this industry median.
How does Southern Michigan Bancorp's Dividend Yield % compare to UBNC and EMCF?
Southern Michigan Bancorp's Dividend Yield % of 2.03% can be compared against companies in the Banks industry. The industry median Dividend Yield % is 3.04. Southern Michigan Bancorp's value of 2.03% is 33.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 3.04, based on 1,252 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Michigan Bancorp's current Dividend Yield % of 2.03% is 33.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Southern Michigan Bancorp and its competitors. For the Banks industry, the median Dividend Yield % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Michigan Bancorp's current Dividend Yield % is 2.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Michigan Bancorp stock overvalued right now?
Southern Michigan Bancorp (SOMC) has a current Dividend Yield % of 2.03%. The current Dividend Yield % is 2.03% and 33.2% below the Banks industry median of 3.04. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Southern Michigan Bancorp (SOMC), the current Dividend Yield % is 2.03% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Southern Michigan Bancorp Inc is a United States-based financial holding company. The majority of its operations are carried out by its banking subsidiary, which offers individuals, businesses, institutions, and government agencies a full range of commercial banking products and services. These products and services include time, savings, and demand deposits; safe deposit box services; automated teller machine services; loans, including both commercial and consumer; investment management; trustee services, etc. The Group mainly caters to the communities located in Michigan through its banking and loan production offices. It has one reportable operating segment: commercial banking.
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