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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

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Sturgis Bancorp, Inc. (OTCQX:STBI) has declared a quarterly cash dividend of $0.17 per common share, payable on September 13, 2024, to stockholders of record as of August 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 across multiple locations in Michigan.

Sturgis Bancorp, Inc. (OTCQX:STBI) ha dichiarato un dividendo in contante trimestrale di 0,17 dollari per azione comune, che sarà pagato il 13 settembre 2024, agli azionisti registrati al 15 agosto 2024. Questo dividendo mantiene il livello più alto nella storia dell'azienda. Sturgis Bancorp è la holding di Sturgis Bank & Trust Company e delle sue sussidiarie, che offrono una gamma di servizi bancari e finanziari in diverse sedi nel Michigan.

Sturgis Bancorp, Inc. (OTCQX:STBI) ha declarado un dividendo en efectivo trimestral de $0.17 por acción común, que se pagará el 13 de septiembre de 2024, a los accionistas registrados a partir del 15 de agosto 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 variedad de servicios bancarios y financieros en múltiples ubicaciones en Michigan.

Sturgis Bancorp, Inc. (OTCQX:STBI)는 분기 현금 배당금으로 주당 0.17달러를 발표했으며, 이는 2024년 9월 13일에 지급될 예정이며, 2024년 8월 15일을 기준으로 한 주주에게 지급됩니다. 이 배당금은 회사 역사상 최고 수준을 유지합니다. Sturgis BancorpSturgis Bank & Trust Company와 그 자회사의 지주회사이며, 미시간의 여러 지역에서 다양한 은행 및 금융 서비스를 제공합니다.

Sturgis Bancorp, Inc. (OTCQX:STBI) a déclaré un dividende en espèces trimestriel de 0,17 USD par action ordinaire, payable le 13 septembre 2024, aux actionnaires enregistrés au 15 août 2024. Ce dividende maintient le plus haut niveau 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 dans plusieurs localités du Michigan.

Sturgis Bancorp, Inc. (OTCQX:STBI) hat eine vierteljährliche Bar-Dividende von 0,17 USD pro Stammaktie erklärt, die am 13. September 2024 an Aktionäre, die am 15. August 2024 registriert sind, ausgezahlt wird. Diese Dividende erreicht den höchsten Stand in der Unternehmensgeschichte. Sturgis Bancorp ist die Holdinggesellschaft der Sturgis Bank & Trust Company und ihrer Tochtergesellschaften, die in mehreren Standorten in Michigan eine Reihe von Banken- und Finanzdienstleistungen anbieten.

Positive
  • Maintained quarterly dividend at the highest level in company history
  • Consistent dividend payments indicate financial stability
  • Diverse range of financial services offered through multiple subsidiaries
Negative
  • None.

STURGIS, MI / ACCESSWIRE / July 19, 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 September 13, 2024, to stockholders of record at the close of business on August 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, President & CEO, 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 Q3 2024?

Sturgis Bancorp (STBI) has declared a quarterly cash dividend of $0.17 per common share for Q3 2024.

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

The dividend is payable on September 13, 2024, to stockholders of record at the close of business on August 15, 2024.

How does the Q3 2024 dividend compare to Sturgis Bancorp's (STBI) previous dividends?

The Q3 2024 dividend of $0.17 per share continues the quarterly dividend at the highest level in the company's history.

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

Sturgis Bancorp offers a full array of trust, commercial, and consumer banking services, as well as investment advisory, mortgage, insurance, and title services through its various subsidiaries.

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