ChoiceOne Financial Services, Inc. (COFS) to Distribute Quarterly Dividend of $0.29 on September 30th

Posted by Alanna Baker on Aug 28th, 2026

ChoiceOne Financial Services, Inc. (NASDAQ:COFS – Get Free Report) declared a quarterly dividend on Wednesday, August 26th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.29 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

ChoiceOne Financial Services has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 13 years. ChoiceOne Financial Services has a payout ratio of 31.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect ChoiceOne Financial Services to earn $3.72 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 31.2%.

ChoiceOne Financial Services Stock Down 1.0%

ChoiceOne Financial Services stock opened at $33.23 on Friday. The firm has a 50 day moving average price of $33.62 and a 200-day moving average price of $31.19. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.71. ChoiceOne Financial Services has a twelve month low of $26.09 and a twelve month high of $35.40. The company has a market capitalization of $497.12 million, a P/E ratio of 9.15 and a beta of 0.60.

ChoiceOne Financial Services (NASDAQ:COFS – Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.05). ChoiceOne Financial Services had a return on equity of 12.04% and a net margin of 22.77%.The company had revenue of $41.64 million during the quarter, compared to the consensus estimate of $43.45 million. As a group, equities analysts predict that ChoiceOne Financial Services will post 3.63 EPS for the current year.

ChoiceOne Financial Services Company Profile

(Get Free Report)

ChoiceOne Financial Services, Inc is a bank holding company headquartered in Jackson, Michigan. Through its subsidiary, ChoiceOne Bank, it provides a full suite of banking and financial services to individuals, families, and businesses. The company’s primary operations are concentrated in community banking, spanning retail deposits, commercial and consumer lending, mortgage origination, and treasury management solutions.

ChoiceOne Bank offers checking and savings accounts, certificates of deposit, and online and mobile banking platforms designed to meet the needs of its customers.