Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

Q: What dividend did Sturgis Bancorp (STBI) declare on April 22, 2026?

Sturgis Bancorp declared a $0.18 per share quarterly cash dividend. According to the company, the dividend continues the quarterly payout at the highest level in the company's history and applies to common shares.

Q: When is the STBI dividend payable and what is the record date?

The STBI dividend is payable on June 15, 2026 with a record date of May 15, 2026 . According to the company, shareholders of record at the close of business on May 15 will receive the June 15 payment.

Q: How much income will a shareholder receive from STBI dividend for 100 shares?

A shareholder owning 100 STBI shares will receive $18.00 from this quarterly dividend. According to the company, the payout is $0.18 per common share, payable June 15, 2026 to holders of record May 15, 2026.

Q: Where can investors find more information about Sturgis Bancorp (STBI) and the dividend?

Investors can find details on the company's website at www.sturgis.bank and contact investor relations. According to the company, additional information and updates are available via its corporate website and the listed contacts.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

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Rhea-AI Summary

Sturgis Bancorp (OTCQX:STBI) declared a quarterly cash dividend of $0.18 per common share, payable June 15, 2026 to shareholders of record at the close of business on May 15, 2026. The Board said this continues the quarterly dividend at the highest level in company history.

Sturgis Bancorp is the holding company for Sturgis Bank & Trust and subsidiaries offering banking, investment, insurance, and title services across multiple Michigan locations.

AI-generated analysis. Not financial advice.

Positive

Dividend of $0.18 per common share declared
Payable on June 15, 2026 to holders of record on May 15, 2026
Dividend level described as the highest in company history

Negative

None.

News Market Reaction – STBI

+1.15%

1 alert

+1.15% News Effect

On the day this news was published, STBI gained 1.15%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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04/22/2026 - 03:30 PM

STURGIS, MI / ACCESS Newswire / April 22, 2026 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.18 per common share, payable June 15, 2026, to stockholders of record at the close of business on May 15, 2026. 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, 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. 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, President & CEO, or Brian P. Hoggatt, CFO - (269) 651-9345

SOURCE: Sturgis Bancorp, Inc.

View the original press release on ACCESS Newswire

FAQ

What dividend did Sturgis Bancorp (STBI) declare on April 22, 2026?

Sturgis Bancorp declared a $0.18 per share quarterly cash dividend. According to the company, the dividend continues the quarterly payout at the highest level in the company's history and applies to common shares.

When is the STBI dividend payable and what is the record date?

The STBI dividend is payable on June 15, 2026 with a record date of May 15, 2026. According to the company, shareholders of record at the close of business on May 15 will receive the June 15 payment.

How much income will a shareholder receive from STBI dividend for 100 shares?

A shareholder owning 100 STBI shares will receive $18.00 from this quarterly dividend. According to the company, the payout is $0.18 per common share, payable June 15, 2026 to holders of record May 15, 2026.

Does the STBI dividend apply to all common shareholders?

Yes, the declared dividend applies to common shareholders of record on the specified date. According to the company, it's payable to stockholders of record at the close of business on May 15, 2026.

Where can investors find more information about Sturgis Bancorp (STBI) and the dividend?

Investors can find details on the company's website at www.sturgis.bank and contact investor relations. According to the company, additional information and updates are available via its corporate website and the listed contacts.