STURGIS, Mich., Oct. 26, 2017 (GLOBE NEWSWIRE) — Sturgis Bancorp, Inc. (OTCQX:STBI) today announced that its Board of Directors has declared a cash dividend of $0.12 per common share, payable December 15, 2017 to stockholders of record November 15, 2017. This declaration continues the quarterly cash dividend, unchanged from the prior quarter.