On June 24, 2026, in Coldwater, Michigan, the Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced a quarterly dividend of $0.17 per share on the company's outstanding stock. Shareholders of record as of July 6, 2026, will receive the dividend on July 17, 2026. The annualized cash dividend totals $0.68 per share, equating to a 2.13% dividend yield calculated from the current market price of $32.00 per share.