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.

TRADEMARK VIOLATION NOTICE: This news story was published by Dakota Financial News and is the property of of Dakota Financial News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at

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.

Read More: Stock Selection – What is cash flow?

Dividend History for Sturgis Bancorp (OTCMKTS:STBI)

Receive News & Ratings for Sturgis Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sturgis Bancorp and related companies with's FREE daily email newsletter.

Leave a Reply