SmarterDividends
STBI

Sturgis Bancorp, Inc.

STBI

Financial Services · Banks - Regional · Stock · quarterly payer

$28.52

Fairly valued · -11% Add to Portfolio

Forward Yield

2.52%

Annual Dividend

$0.72

Payout Ratio

17%

5-Yr Growth

1.2%

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about STBI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Sturgis Bancorp, Inc. (STBI) has a forward dividend yield of 2.52%, based on an annual dividend of $0.72 per share and a share price of $28.52.
  • As of Oct 18, 2026, STBI's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
  • STBI last cut its regular dividend in 2011.
  • STBI's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.18 per share.
  • As of Oct 18, 2026, STBI pays out 17% of its trailing 12-month earnings as dividends (its payout ratio).
  • STBI's dividend has grown at an average rate of 1.2% a year over the past five years.
  • As of Oct 18, 2026, STBI's 2.52% yield is 29% below its five-year average yield of 3.53%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for STBI is $25.30 per share, 11% below the $28.52 share price, so STBI screens as fairly valued.
  • Sturgis Bancorp, Inc. (STBI) pays its dividend quarterly, 4 times a year.
  • Sturgis Bancorp, Inc. (STBI) has raised its regular dividend 15 times and cut it 2 times across the 93 payments on record since 2001. Its most recent change was a 5.9% increase to $0.180 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Feb 11, 2011.
Cite this page

SmarterDividends, "STBI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/STBI

Summary

As of Oct 18, 2026, Sturgis Bancorp, Inc. (STBI) yields 2.52% ($0.72 a year per share) and has a dividend safety grade of A (82/100).

Is STBI a good dividend stock?

Yes

Sturgis Bancorp, Inc. (STBI) pays a quarterly dividend yielding 2.52% ($0.72/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (17%)
  • 52% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
2.52%
Payout Ratio
17%
Annual Dividend
$0.72
5-Yr Avg Growth
1.2%
Ex-Dividend Date
Aug 14, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.14
Market Cap
$61.9M
P/E Ratio
7.0
5-Yr Total Return
52%
52-Week Range
$19.25 – $29.79
Dividend Safety
A · 82/100
Ever Cut?
Yes (2011)

STBI dividend raises and cuts

Sturgis Bancorp, Inc. (STBI) has raised its regular dividend 15 times and cut it 2 times across the 93 payments on record since 2001. Its most recent change was a 5.9% increase to $0.180 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Feb 11, 2011.

Ex-dateChangeOld → newMove
Feb 13, 2026Raise$0.170 → $0.180+5.9%
Feb 14, 2022Raise$0.160 → $0.170+6.3%
Feb 13, 2020Raise$0.150 → $0.160+6.7%
Nov 14, 2018Raise$0.140 → $0.150+7.1%
Feb 14, 2018Raise$0.120 → $0.140+16.7%
Aug 11, 2016Raise$0.100 → $0.120+20.0%
May 11, 2016Raise$0.0800 → $0.100+25.0%
Feb 10, 2016Raise$0.0500 → $0.0800+60.0%
Nov 10, 2015Raise$0.0300 → $0.0500+66.7%
Nov 12, 2014Raise$0.0200 → $0.0300+50.0%
Feb 11, 2011Cut$0.0300 → $0.0100−66.7%
Nov 25, 2009Cut$0.120 → $0.0300−75.0%
Show all 17 changes since 2001
Ex-dateChangeOld → newMove
Feb 13, 2007Raise$0.100 → $0.120+20.0%
Aug 11, 2005Raise$0.0900 → $0.100+11.1%
May 13, 2003Raise$0.0800 → $0.0900+12.5%
Feb 12, 2003Raise$0.0700 → $0.0800+14.3%
Aug 13, 2001Raise$0.0600 → $0.0700+16.7%
Every STBI payment →Download every raise and cut (CSV)
STBI ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →STBI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is STBI a good dividend stock?

Yes. Sturgis Bancorp, Inc. (STBI) pays a quarterly dividend yielding 2.52% ($0.72/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is STBI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, STBI's fair value is about $25.30 versus a $28.52 share price — so it looks fairly valued (-11% vs. fair value).

Is STBI's dividend safe?

STBI has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2011, debt and yield-versus-history.

What is STBI's fair value?

Our blended fair-value estimate for STBI is about $25.30 per share, about 11% below the current $28.52 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is STBI a buy, hold, or sell?

We don't issue formal ratings, but on the data STBI screens as "yes" and fairly valued. Sturgis Bancorp, Inc. (STBI) pays a quarterly dividend yielding 2.52% ($0.72/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will STBI cut its dividend?

STBI earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does STBI pay a dividend?

Yes. Sturgis Bancorp, Inc. pays a quarterly dividend of about $0.72 per share annually, a forward yield of roughly 2.52%.

What is STBI's dividend yield?

As of Oct 18, 2026, STBI's forward dividend yield is 2.52%, based on a $0.72 annual dividend and a $28.52 share price.

What is STBI's dividend per share?

As of Oct 18, 2026, STBI pays $0.72 per share per year, distributed on a quarterly basis.

What is STBI's dividend payout ratio?

As of Oct 18, 2026, STBI's payout ratio is 17% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has STBI grown its dividend?

STBI does not currently have a long dividend-growth streak on record.

When is the next STBI ex-dividend date?

As of Oct 18, 2026, STBI's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.18 per share.

Income Calculator

At $0.72 / yr per share

Per payment (quarterly)$18.00
Annual$72.00
Monthly avg$6.00

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.94%Financial ServicesVVVisa Inc.0.67%Financial ServicesMAMAMastercard Incorporated0.56%Financial ServicesBACBACBank of America Corporation2.50%Financial Services

Compare STBI

STBI vs JPMSTBI vs VSTBI vs MASTBI vs BAC

Explore more

Lists and tools related to STBI