Sturgis Bancorp, Inc. (OTCMKTS:STBI) Announces $0.17 Quarterly Dividend

Sturgis Bancorp, Inc. (OTCMKTS:STBI) announced a quarterly dividend on Friday, October 18th,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.17 per share by the financial services provider on Friday, December 13th. This represents a $0.68 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Friday, November 15th.

Sturgis Bancorp Price Performance

Shares of OTCMKTS:STBI opened at $18.50 on Thursday. The business’s 50 day moving average price is $17.25 and its 200-day moving average price is $16.81. The firm has a market capitalization of $39.96 million, a PE ratio of 77.08 and a beta of 0.42. Sturgis Bancorp has a 1 year low of $15.74 and a 1 year high of $18.50.

Sturgis Bancorp (OTCMKTS:STBI) last announced its quarterly earnings data on Friday, October 18th. The financial services provider reported $0.72 EPS for the quarter. The company had revenue of $9.40 million for the quarter.

About Sturgis Bancorp

Sturgis Bancorp, Inc operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States. The company offers checking, savings and health savings, and money market accounts; and certificates of deposit and individual retirement accounts.