SOMC Projected Dividend Yield

Southern Michigan Bancorp Inc (United States) ( OTCBB : SOMC )

Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust (The Bank). The Bank operates about 18 branches within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo, and St. Joseph counties, providing a range of consumer, business, and wealth management services throughout the region. Its business, which it conducts primarily through the Bank, is concentrated in a single industry segment, commercial banking. The Bank offers a variety of deposit, payment, credit, and other financial services to all types of customers.

30 YEAR PERFORMANCE RESULTS

SOMC Dividend History Detail
SOMC Dividend News
SOMC Competitors News

# of Shares: 0

Closing Price: 24.84

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2006	0.29	0%	0	$ 0.00	0.00%
2007	0.40	38%	0	$ 0.00	0.00%
2008	0.40	0%	0	$ 0.00	0.00%
2009	0.18	0%	0	$ 0.00	0.00%
2010	0.10	0%	0	$ 0.00	0.00%
2011	0.10	0%	0	$ 0.00	0.00%
2012	0.16	60%	0	$ 0.00	0.00%
2013	0.25	53%	0	$ 0.00	0.00%
2014	0.28	14%	0	$ 0.00	0.00%
2015	0.31	11%	0	$ 0.00	0.00%
2016	0.36	16%	0	$ 0.00	0.00%
2017	0.41	14%	0	$ 0.00	0.00%
2018	0.43	5%	0	$ 0.00	0.00%
2019	0.45	5%	0	$ 0.00	0.00%
2020	0.46	2%	0	$ 0.00	0.00%
2021	0.48	3%	0	$ 0.00	0.00%
2022	0.51	7%	0	$ 0.00	0.00%
2023	0.55	8%	0	$ 0.00	0.00%
2024	0.59	7%	0	$ 0.00	0.00%
2025	0.63	7%	0	$ 0.00	0.00%
2026	0.68	7%	0	$ 0.00	2.74%
2027	0.68	7%	0	$ 0.00	2.92%
2028	0.73	7%	0	$ 0.00	3.11%
2029	0.78	7%	0	$ 0.00	3.32%
2030	0.83	7%	0	$ 0.00	3.54%
2031	0.88	7%	0	$ 0.00	3.78%
2032	0.94	7%	0	$ 0.00	4.03%
2033	1.01	7%	0	$ 0.00	4.30%
2034	1.07	7%	0	$ 0.00	4.59%
2035	1.14	7%	0	$ 0.00	4.89%
2036	1.22	7%	0	$ 0.00	5.22%
Using the current years Dividend Growth rate of 7% and projecting 7% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 5.22%
Rolling Last 4 qtrs dividends total $ 0.64 and Previous last 4 qtrs dividends total $ 0.60
Dividend 1 Yr Growth = ( 0.64 – 0.60 ) × 100 = 7% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.60

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2026	Mar 17, 2026	Apr 02, 2026	Apr 03, 2026	Apr 17, 2026	0.1700
2026	Dec 16, 2025	Jan 09, 2026	Jan 09, 2026	Jan 23, 2026	0.1600
2026 Total:					0.3300
2025	Sep 23, 2025	Oct 06, 2025	Oct 06, 2025	Oct 17, 2025	0.1600
2025	Jun 24, 2025	Jul 07, 2025	Jul 07, 2025	Jul 18, 2025	0.1600
2025	Mar 18, 2025	Apr 04, 2025	Apr 04, 2025	Apr 18, 2025	0.1600
2025	Dec 17, 2024	Jan 10, 2025	Jan 10, 2025	Jan 24, 2025	0.1500
2025 Total:					0.6300
2024	Sep 25, 2024	Oct 09, 2024	Oct 09, 2024	Oct 18, 2024	0.1500
2024	Jun 25, 2024	Jul 08, 2024	Jul 08, 2024	Jul 19, 2024	0.1500
2024	Mar 26, 2024	Apr 04, 2024	Apr 05, 2024	Apr 19, 2024	0.1500
2024	Dec 19, 2023	Jan 04, 2024	Jan 05, 2024	Jan 19, 2024	0.1400
2024 Total:					0.5900
2023	Sep 26, 2023	Oct 10, 2023	Oct 11, 2023	Oct 20, 2023	0.1400
2023	Jun 28, 2023	Jul 13, 2023	Jul 14, 2023	Jul 28, 2023	0.1400
2023	Mar 28, 2023	Apr 06, 2023	Apr 10, 2023	Apr 21, 2023	0.1400
2023	Dec 21, 2022	Jan 05, 2023	Jan 06, 2023	Jan 20, 2023	0.1300
2023 Total:					0.5500
2022	Sep 27, 2022	Oct 06, 2022	Oct 10, 2022	Oct 21, 2022	0.1300
2022	Jun 29, 2022	Jul 14, 2022	Jul 15, 2022	Jul 29, 2022	0.1300
2022	Mar 23, 2022	Apr 07, 2022	Apr 08, 2022	Apr 22, 2022	0.1300
2022	Dec 22, 2021	Jan 06, 2022	Jan 07, 2022	Jan 21, 2022	0.1200
2022 Total:					0.5100
2021	Sep 28, 2021	Oct 07, 2021	Oct 11, 2021	Oct 22, 2021	0.1200
2021	Jun 23, 2021	Jul 08, 2021	Jul 09, 2021	Jul 23, 2021	0.1200
2021	Mar 23, 2021	Apr 08, 2021	Apr 09, 2021	Apr 23, 2021	0.1200
2021	Dec 15, 2020	Jan 07, 2021	Jan 08, 2021	Jan 22, 2021	0.1150
2021 Total:					0.4750