Southern Michigan Bancorp raises quarterly dividend to USD 0.17 per share

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SOUTHERN MICHIGAN BANCORP INC

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Southern Michigan Bancorp announced a quarterly cash dividend of USD 0.17 per share. The dividend is payable April 17, 2026 to shareholders of record April 3, 2026. The dividend is up USD 0.01 per share from the prior quarterly dividend of USD 0.16 per share. The annualized dividend is USD 0.68 per share, representing a 2.67% yield based on a market price of USD 25.5 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Michigan Bancorp Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180740PRIMZONEFULLFEED9673673) on March 18, 2026, and is solely responsible for the information contained therein.