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Southern Michigan Bancorp (Southern Michigan Bancorp) 5-Year Dividend Growth Rate : 0.00% (As of Dec. 2018)


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What is Southern Michigan Bancorp 5-Year Dividend Growth Rate?

Southern Michigan Bancorp's Dividends per Share for the three months ended in Dec. 2018 was $0.22.

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.

Southern Michigan Bancorp's 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%.

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


Competitive Comparison of Southern Michigan Bancorp's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, Southern Michigan Bancorp's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern Michigan Bancorp's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Southern Michigan Bancorp's 5-Year Dividend Growth Rate falls into.



Southern Michigan Bancorp 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

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.


Southern Michigan Bancorp  (OTCPK:SOMC) 5-Year Dividend Growth Rate 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

During the past 13 years, the highest Dividend Payout Ratio of Southern Michigan Bancorp was 0.25. The lowest was 0.00. And the median was 0.00.

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.

During the past 13 years, the highest Dividend Yield of Southern Michigan Bancorp was 3.41%. The lowest was 0.00%. And the median was 0.00%.

* 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 5-Year Dividend Growth Rate 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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