Sturgis Bancorp, Inc. Announces Quarterly Dividend of $0.15 (STBI)

Sturgis Bancorp, Inc. (OTCMKTS:STBI) declared a quarterly dividend on Thursday, January 17th, Zacks reports. Investors of record on Friday, February 15th will be given a dividend of 0.15 per share by the financial services provider on Friday, March 15th. This represents a $0.60 annualized dividend and a yield of 2.95%. The ex-dividend date is Thursday, February 14th.

Sturgis Bancorp stock remained flat at $$20.35 during mid-day trading on Friday. The company had a trading volume of 1,000 shares, compared to its average volume of 784. The company has a market capitalization of $42.82 million, a PE ratio of 9.78 and a beta of 0.04. Sturgis Bancorp has a fifty-two week low of $18.30 and a fifty-two week high of $23.00.

Sturgis Bancorp (OTCMKTS:STBI) last posted its quarterly earnings results on Wednesday, January 16th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter. The firm had revenue of $5.06 million during the quarter.



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About Sturgis Bancorp

Sturgis Bancorp, Inc, a financial holding company, through its subsidiary, Sturgis Bank & Trust, provides banking products and services to individuals and businesses in the United States. The company offers checking, savings, money market, and sweep accounts; and certificates of deposit and individual retirement accounts.

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Dividend History for Sturgis Bancorp (OTCMKTS:STBI)

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