 COLDWATER, Mich., June 23, 2021 GLOBE NEWSWIRE -- The Board of Directors of Southern Michigan Bancorp, Inc. OTC Pink: SOMC declared a quarterly dividend of 0.12 per share on the outstanding shares of the corporations stock. The dividend is payable on July 23, 2021 to shareholders of record July 9, 2021. The annualized cash dividend of 0.48 per share represents a 2.57 dividend yield based on the current market price of 18.70 per share. 