Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly cash dividend of $0.17 per share, with its stock simultaneously touching a 52-week high of $32.00, reflecting a 2.13% yield. The company has increased its dividend for 15 consecutive years and maintained payments for 31 years straight, with a conservative dividend payout ratio of just over 24%. In 2025, it posted revenue of $54.06 million, an 11.32% increase from the prior year, while net income climbed 15.8% to $12.48 million, translating into a 14% rise in earnings per share. In 2023, the company grew its total assets to a record $1.41 billion and expanded its loan portfolio to an all-time high of $1.04 billion, with net loan charge-offs amounting to a mere $15,000.