Sturgis Bancorp, Inc. (OTCQX: STBI) has exciting news for its shareholders! The Board of Directors has announced a cash dividend of $0.17 per common share, which will be paid on September 13, 2024, to stockholders of record at the close of business on August 15, 2024. This dividend continues at the highest level in the company’s history, reflecting Sturgis Bancorp’s ongoing commitment to providing value to its shareholders.
Sturgis Bancorp, Inc. is the holding company for Sturgis Bank & Trust Company, a trusted institution with a comprehensive suite of financial services. The bank operates numerous banking centers across Michigan, including locations in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, Marshall, Niles, Portage, South Haven, St. Joseph, Three Rivers, and White Pigeon.
Sturgis Bank & Trust Company, along with its subsidiaries, offers a wide range of services:
- Oakleaf Financial Services: Providing a complete range of investment and financial-advisory services to help clients achieve their financial goals
- Oak Mortgage: Specializing in residential mortgages, ensuring that clients have access to home financing solutions in all markets served by the bank.
- Ayres/Oak Insurance: Offering competitive commercial and consumer insurance products to protect clients’ assets and livelihoods.
- Oak Title Services: Delivering reliable commercial and consumer title insurance services to safeguard property transactions.
Sturgis Bancorp, Inc. continues to strengthen its presence in the financial sector, committed to serving its community with excellence and dedication. The record-high quarterly dividend is a testament to the company’s robust financial health and its strategic focus on growth and shareholder value.
Stay tuned for more updates from Sturgis Bancorp, Inc. as the company continues to innovate and expand its services to meet the evolving needs of its clients and community.
Source OTC Markets
