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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

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Sturgis Bancorp, Inc. (OTCQX:STBI) has announced a quarterly cash dividend of $0.17 per common share, payable on December 13, 2024, to stockholders of record as of November 15, 2024. This dividend maintains the highest level in the company's history.

Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company and its subsidiaries, offering a range of banking and financial services. The Bank operates in multiple locations across Michigan, providing trust, commercial, and consumer banking services. Its subsidiaries offer investment advisory, mortgage, insurance, and title services.

Sturgis Bancorp, Inc. (OTCQX:STBI) ha annunciato un dividendo in contante trimestrale di $0,17 per azione comune, che sarà pagato il 13 dicembre 2024, agli azionisti registrati al 15 novembre 2024. Questo dividendo rappresenta il livello più alto nella storia dell'azienda.

Sturgis Bancorp è la società madre di Sturgis Bank & Trust Company e delle sue filiali, offrendo una gamma di servizi bancari e finanziari. La Banca opera in diverse sedi in Michigan, fornendo servizi bancari fiduciari, commerciali e al consumo. Le sue filiali offrono servizi di consulenza su investimenti, mutui, assicurazioni e titoli.

Sturgis Bancorp, Inc. (OTCQX:STBI) ha anunciado un dividendo en efectivo trimestral de $0,17 por acción común, que se pagará el 13 de diciembre de 2024, a los accionistas que tengan registro al 15 de noviembre de 2024. Este dividendo mantiene el nivel más alto en la historia de la empresa.

Sturgis Bancorp es la empresa matriz de Sturgis Bank & Trust Company y sus subsidiarias, que ofrecen una gama de servicios bancarios y financieros. El banco opera en múltiples ubicaciones en Michigan, brindando servicios bancarios fiduciarios, comerciales y al consumidor. Sus subsidiarias ofrecen asesoría de inversiones, hipotecas, seguros y servicios de títulos.

Sturgis Bancorp, Inc. (OTCQX:STBI)는 $0.17의 현금 배당금을 분기별로 지급한다고 발표했으며, 이는 2024년 12월 13일에 지급되며, 2024년 11월 15일 기준 주주에게 지급됩니다. 이 배당금은 회사 역사상 최고 수준을 유지합니다.

Sturgis Bancorp는 Sturgis Bank & Trust Company와 그 자회사의 모회사로, 다양한 은행 및 금융 서비스를 제공하고 있습니다. 이 은행은 미시간의 여러 지역에서 운영되며, 신탁, 상업 및 소비자 은행 서비스를 제공합니다. 자회사는 투자 자문, 주택 담보 대출, 보험 및 제목 서비스를 제공합니다.

Sturgis Bancorp, Inc. (OTCQX:STBI) a annoncé un dividende en espèces trimestriel de $0,17 par action ordinaire, payable le 13 décembre 2024, aux actionnaires enregistrés au 15 novembre 2024. Ce dividende maintient le niveau le plus élevé de l'histoire de l'entreprise.

Sturgis Bancorp est la société mère de Sturgis Bank & Trust Company et de ses filiales, offrant une gamme de services bancaires et financiers. La banque opère à plusieurs endroits au Michigan, fournissant des services bancaires fiduciaires, commerciaux et de détail. Ses filiales offrent des services de conseil en investissement, des prêts hypothécaires, des assurances et des services de titre.

Sturgis Bancorp, Inc. (OTCQX:STBI) hat eine vierteljährliche Bardividende von 0,17 $ pro Stammaktie angekündigt, die am 13. Dezember 2024 an Aktionäre ausgezahlt wird, die am 15. November 2024 registriert sind. Diese Dividende hält das höchste Niveau in der Unternehmensgeschichte.

Sturgis Bancorp ist die Holdinggesellschaft für Sturgis Bank & Trust Company und deren Tochtergesellschaften, die eine Reihe von Bank- und Finanzdienstleistungen anbieten. Die Bank ist an mehreren Standorten in Michigan tätig und bietet Treuhand-, Handels- und Privatkundenbankdienstleistungen an. Ihre Tochtergesellschaften bieten Anlageberatung, Hypotheken-, Versicherungs- und Titelservices an.

Positive
  • Maintained quarterly dividend at the highest level in company history
  • Diverse range of financial services offered through multiple subsidiaries
  • Extensive geographical presence across Michigan
Negative
  • None.

STURGIS, MI / ACCESSWIRE / October 18, 2024 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.17 per common share, payable December 13, 2024, to stockholders of record at the close of business on November 15, 2024. This declaration continues the quarterly dividend at the highest level in the Company's history.

About Sturgis Bancorp, Inc.

Sturgis Bancorp, Inc. is the holding company for Sturgis Bank & Trust Company (the Bank), and its subsidiaries: Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance, and Oak Title Services. The Bank provides a full array of trust, commercial, and consumer banking services from banking centers in: Sturgis, Bangor, Bronson, Centreville, Climax, Colon, Marshall, Niles, Portage, South Haven, St. Joseph, Three Rivers, and White Pigeon, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oakleaf Mortgage offers residential mortgages in all markets of the Bank. Ayres/Oak Insurance offers various competitive commercial and consumer insurance products. Oak Title Services offers commercial and consumer title insurance services.

For additional information and updates, visit our website at www.sturgis.bank.

Sturgis Bancorp, Inc. Contacts

  • Jason J. Hyska, CEO & President, or Brian P. Hoggatt, CFO - (269) 651-9345

SOURCE: Sturgis Bancorp, Inc.



View the original press release on accesswire.com

FAQ

What is the dividend amount declared by Sturgis Bancorp (STBI) for Q4 2024?

Sturgis Bancorp (STBI) has declared a quarterly cash dividend of $0.17 per common share for Q4 2024.

When is the dividend payable for Sturgis Bancorp (STBI) shareholders?

The dividend is payable on December 13, 2024, to Sturgis Bancorp (STBI) stockholders of record at the close of business on November 15, 2024.

How does the Q4 2024 dividend compare to Sturgis Bancorp's (STBI) previous dividends?

The Q4 2024 dividend of $0.17 per share continues the quarterly dividend at the highest level in Sturgis Bancorp's (STBI) history.

What services does Sturgis Bancorp (STBI) offer through its subsidiaries?

Sturgis Bancorp (STBI) offers a range of services through its subsidiaries, including trust, commercial and consumer banking, investment advisory, residential mortgages, insurance products, and title insurance services.

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