Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
Sturgis Bancorp (OTCQX:STBI) has announced a quarterly cash dividend of $0.17 per common share, maintaining the highest dividend level in the company's history. The dividend will be paid on March 14, 2025, to stockholders of record as of February 14, 2025.
The company operates through its main subsidiary, Sturgis Bank & Trust Company, along with several other subsidiaries including Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance, and Oak Title Services. The bank provides comprehensive banking services across multiple locations in Michigan, offering trust, commercial, and consumer banking services, while its subsidiaries provide investment advisory, mortgage, insurance, and title services.
Sturgis Bancorp (OTCQX:STBI) ha annunciato un dividendo in contante trimestrale di $0.17 per azione comune, mantenendo il livello di dividendo più alto nella storia dell'azienda. Il dividendo sarà corrisposto il 14 marzo 2025 agli azionisti registrati al 14 febbraio 2025.
L'azienda opera attraverso la sua principale controllata, Sturgis Bank & Trust Company, insieme a diverse altre controllate tra cui Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance e Oak Title Services. La banca offre servizi bancari completi in più sedi nel Michigan, fornendo servizi di fiducia, commerciali e bancari per i consumatori, mentre le sue controllate offrono servizi di consulenza per investimenti, mutui, assicurazioni e titoli.
Sturgis Bancorp (OTCQX:STBI) ha anunciado un dividendo en efectivo trimestral de $0.17 por acción común, manteniendo el nivel de dividendo más alto en la historia de la empresa. El dividendo se pagará el 14 de marzo de 2025 a los accionistas registrados hasta el 14 de febrero de 2025.
La empresa opera a través de su subsidiaria principal, Sturgis Bank & Trust Company, junto con varias otras subsidiarias, incluidas Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance y Oak Title Services. El banco ofrece servicios bancarios integrales en múltiples ubicaciones en Michigan, proporcionando servicios de fideicomiso, comerciales y bancarios para consumidores, mientras que sus subsidiarias ofrecen servicios de asesoría de inversiones, hipotecas, seguros y títulos.
스투르기스 뱅코프 (OTCQX:STBI)는 주당 $0.17의 분기 현금 배당금을 발표하며, 회사 역사상 가장 높은 배당금 수준을 유지하고 있습니다. 배당금은 2025년 3월 14일에 지급되며, 2025년 2월 14일 기준 주주에게 지급될 예정입니다.
회사는 Sturgis Bank & Trust Company라는 주요 자회사를 통해 운영되며, Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance 및 Oak Title Services와 같은 여러 자회사를 보유하고 있습니다. 이 은행은 미시간주 여러 지역에서 종합적인 은행 서비스를 제공하며, 신탁, 상업 및 소비자 은행 서비스를 제공하고, 자회사는 투자 자문, 모기지, 보험 및 타이틀 서비스를 제공합니다.
Sturgis Bancorp (OTCQX:STBI) a annoncé un dividende en espèces trimestriel de 0,17 $ par action ordinaire, maintenant ainsi le niveau de dividende le plus élevé de l'histoire de l'entreprise. Le dividende sera payé le 14 mars 2025 aux actionnaires inscrits à la date du 14 février 2025.
L'entreprise opère par l'intermédiaire de sa principale filiale, Sturgis Bank & Trust Company, ainsi que plusieurs autres filiales, y compris Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance et Oak Title Services. La banque propose des services bancaires complets dans plusieurs localités du Michigan, offrant des services fiduciaires, commerciaux et bancaires aux particuliers, tandis que ses filiales offrent des services de conseil en investissement, des prêts hypothécaires, des assurances et des services de titres.
Sturgis Bancorp (OTCQX:STBI) hat eine vierteljährliche Bardividende von 0,17 USD pro Stammaktie angekündigt und damit das höchste Dividendenniveau in der Unternehmensgeschichte gehalten. Die Dividende wird am 14. März 2025 an die Aktionäre ausgezahlt, die am 14. Februar 2025 im Aktienregister stehen.
Das Unternehmen operiert durch seine Haupttochtergesellschaft, die Sturgis Bank & Trust Company, sowie mehrere andere Tochtergesellschaften, darunter Oakleaf Financial Services, Oak Mortgage, Ayres/Oak Insurance und Oak Title Services. Die Bank bietet umfassende Bankdienstleistungen an mehreren Standorten in Michigan an, darunter Treuhand-, Geschäfts- und Privatbankdienstleistungen, während ihre Tochtergesellschaften Anlageberatung, Hypotheken, Versicherungen und Titelservices anbieten.
- Maintaining highest quarterly dividend level in company history at $0.17 per share
- Broad service diversification across banking, investment, mortgage, insurance, and title services
- Strong geographical presence with multiple banking centers across Michigan
- None.
STURGIS, MI / ACCESS Newswire / January 27, 2025 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of
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 ACCESS Newswire
FAQ
What is the dividend amount announced by Sturgis Bancorp (STBI) for Q1 2025?
When is the payment date for STBI's latest dividend?
What is the record date for STBI's Q1 2025 dividend?
How does the current STBI dividend compare to historical payments?