 COLDWATER, Mich., Sept. 29, 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 October 22, 2021 to shareholders of record October 11, 2021. The annualized cash dividend of 0.48 per share represents a 2.46 dividend yield based on the current market price of 19.50 per share. 