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Southern Michigan Bancorp (Southern Michigan Bancorp) Dividends per Share : $0.44 (TTM As of Dec. 2018)


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What is Southern Michigan Bancorp Dividends per Share?

Southern Michigan Bancorp's dividends per share for the three months ended in Dec. 2018 was $0.22. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2018 was $0.44. Its Dividend Payout Ratio for the three months ended in Dec. 2018 was 0.56. As of today, Southern Michigan Bancorp's Dividend Yield % is 3.17%.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

For more information regarding to dividend, please check our Dividend Page.


Southern Michigan Bancorp Dividends per Share Historical Data

The historical data trend for Southern Michigan Bancorp's Dividends per Share can be seen below:

* 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.

* Premium members only.

Southern Michigan Bancorp Dividends per Share Chart

Southern Michigan Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.39 0.38 0.42 0.44

Southern Michigan Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 - 0.11 0.22

Competitive Comparison of Southern Michigan Bancorp's Dividends per Share

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's Dividend Yield % Distribution in the 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.



Southern Michigan Bancorp Dividends per Share Calculation

Dividends paid to per common share.


Southern Michigan Bancorp  (OTCPK:SOMC) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Southern Michigan Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2018 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2018 )/ EPS without NRI (Q: Dec. 2018 )
=0.22/ 0.395
=0.56

2. 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 0.1502024-04-042024-04-052024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402024-01-042024-01-052024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-10-102023-10-112023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.1402023-07-132023-07-142023-07-28Cash DividendquarterlyUSD: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.


Southern Michigan Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.57/17.99
=3.17 %

Current Share Price is $17.99.
Southern Michigan Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.57.

* 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 Dividends per Share Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
51 West Pearl Street, Coldwater, MI, USA, 49036
Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

Southern Michigan Bancorp (Southern Michigan Bancorp) Headlines

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