Welcome to Sturgis Bancorp, Inc.

Highest Dividend in Company’s History

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 $0.17 per common share, payable March 14, 2025, to stockholders of record at the close of business on February 14, 2025. This declaration continues the quarterly dividend at the highest level in the Company’s history.

As a leading financial institution in the Sturgis area, Sturgis Bancorp, Inc. has a long history of providing value to its shareholders. By consistently declaring dividends at increasing rates, the Company demonstrates its commitment to delivering returns to investors.

Impact on Shareholders

For shareholders of Sturgis Bancorp, Inc., this announcement brings positive news. With the highest dividend in the Company’s history, shareholders can expect a larger return on their investment. The cash dividend of $0.17 per common share represents a significant increase from previous quarters, highlighting the Company’s strong financial performance.

Impact on the World

While the announcement of a high dividend may seem like a small event in the larger financial world, it reflects a broader trend of economic growth and stability. A company’s ability to consistently increase its dividends signals to investors and the market that it is well-managed and profitable. This can have a ripple effect on the economy as a whole, boosting confidence and encouraging investment.

Conclusion

In conclusion, the declaration of a $0.17 cash dividend per common share by Sturgis Bancorp, Inc. represents a significant milestone for the Company and its shareholders. With this announcement, the Company continues its tradition of delivering value to investors while also contributing to broader economic growth. As we look ahead to the payment date of March 14, 2025, we anticipate positive results for all stakeholders involved.