Expert Analysis: Southern Michigan's Dividend Raised by 7.1%

Wednesday, 27 March 2024, 04:35

Southern Michigan (SOMC) has announced a 7.1% increase in its quarterly dividend to $0.15 per share, surpassing the previous dividend of $0.14. With a forward yield of 3.42%, shareholders of record will benefit from this dividend payable on April 19, with the ex-dividend date set at April 5.
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Expert Analysis: Southern Michigan's Dividend Raised by 7.1%

Southern Michigan Increases Dividend by 7.1%

Southern Michigan (SOMC) has declared an increase in its quarterly dividend to $0.15 per share, marking a 7.1% rise from the previous dividend of $0.14.

Key Details:

  • Forward yield stands at 3.42%
  • Dividend payable on April 19
  • Ex-dividend date for shareholders of record on April 5

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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