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ChoiceOne Financial Services (COFS) Dividend Yield, Date & History

ChoiceOne Financial Services logo
$36.20 -0.06 (-0.17%)
(As of 12:47 PM ET)

ChoiceOne Financial Services Dividend Summary

Dividend Yield
3.09%
Annual Dividend
$1.12
Next
Dividend Payment
Dec. 31
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
8.59%
Dividend Payout Ratio
35.33%

ChoiceOne Financial Services (COFS) pays an annual dividend of $1.12 per share, with a dividend yield of 3.09%. The next quarterly payment of $0.28 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Friday, December 13. COFS has grown its dividend for 13 consecutive years, with an average annual increase of 2.79%. The company currently pays out 35.33% of its earnings and 25.99% of its cash flow as dividends.

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COFS Dividend Payments by Quarter

The chart below displays up to four years of ChoiceOne Financial Services' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

COFS Dividend Yield Over Time

The chart below tracks ChoiceOne Financial Services' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

ChoiceOne Financial Services vs. The Competition

Compare ChoiceOne Financial Services' annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeChoiceOne Financial ServicesFinance CompaniesNASDAQ Companies
Annual Dividend$1.12$0.02$1.31
Dividend Yield3.08%10.35%4.06%
Annualized 3-Year Dividend Growth8.59%12.89%14.22%
Track Record13 years17 years19 years

ChoiceOne Financial Services Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings35.33%
Based on This Year's Estimate34.04%
Based on Next Year's Estimate29.47%
Based on Cashflow25.87%

ChoiceOne Financial Services Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/4/2024quarterly$0.28+$0.01
3.70%
2.9%12/13/202412/13/202412/31/2024
8/23/2024Quarterly$0.27 - 3.6%9/13/20249/13/20249/30/2024
5/29/2024Quarterly$0.27 - 4.17%6/14/20246/14/20246/28/2024
2/28/2024Quarterly$0.27 - 4.06%3/14/20243/15/20243/29/2024
11/29/2023Quarterly$0.27+$0.01
3.85%
4.36%12/14/202312/15/202312/29/2023
8/23/2023Quarterly$0.26 - 4.49%9/14/20239/15/20239/29/2023
5/24/2023Quarterly$0.26 - 5.03%6/14/20236/15/20236/30/2023
2/22/2023Quarterly$0.26 - 3.68%3/14/20233/15/20233/31/2023

This table shows ChoiceOne Financial Services' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

ChoiceOne Financial Services Dividend - Frequently Asked Questions

The current dividend yield for ChoiceOne Financial Services is 3.08%. Learn more on COFS's dividend yield history.

The annual dividend for COFS shares is $1.12. Learn more on COFS's annual dividend history.

ChoiceOne Financial Services pays quarterly dividends to shareholders.

ChoiceOne Financial Services's next quarterly dividend payment of $0.28 per share will be made to shareholders on Tuesday, December 31, 2024.

ChoiceOne Financial Services's most recent quarterly dividend payment of $0.27 per share was made to shareholders on Monday, September 30, 2024.

ChoiceOne Financial Services's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 8.59% per year.

ChoiceOne Financial Services has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Wednesday, December 4, 2024.

The dividend payout ratio for COFS is:
  • 35.33% based on the trailing year of earnings
  • 34.04% based on this year's estimates
  • 29.47% based on next year's estimates
  • 25.87% based on cash flow

ChoiceOne Financial Services' dividend yield of 2.95% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. ChoiceOne Financial Services' dividend payout ratio of 35.33% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate ChoiceOne Financial Services stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:COFS) was last updated on 12/18/2024 by MarketBeat.com Staff
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