Sturgis Bancorp, Inc. (STBI) to Issue Quarterly Dividend of $0.17 on March 14th

Sturgis Bancorp, Inc. (OTCMKTS:STBI) declared a quarterly dividend on Monday, January 27th,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.17 per share by the financial services provider on Friday, March 14th. This represents a $0.68 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend is Friday, February 14th.

Sturgis Bancorp Stock Performance

Shares of STBI stock opened at $18.30 on Wednesday. The company has a market capitalization of $39.53 million, a price-to-earnings ratio of 76.04 and a beta of 0.43. Sturgis Bancorp has a 52-week low of $15.74 and a 52-week high of $18.50. The company has a 50-day simple moving average of $18.21 and a two-hundred day simple moving average of $17.63.

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.