Choiceone Financial Services's latest cash dividend of $0.27 per share was issued to shareholders on record before Sep 13, 2024. At an annualized rate of $1.08 per share, the stock yields 2.86%.
Choiceone Financial Services's dividend yield of 2.86% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 2.59%, Choiceone Financial Services's dividend yield is 10% higher. The historical 5-year average of COFS's dividend yield is 3.5%, which is above the current yield.
Choiceone Financial Services has been paying dividends for the last 23 years. Our records show that COFS has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.8% since twelve months ago. However with the price of the stock up by 41% from a year ago, the dividend yield has a decrease of 27%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 13, 2024 | $0.27 | 3.6% |
Jun 14, 2024 | $0.27 | 4.15% |
Mar 14, 2024 | $0.27 | 4.05% |
Dec 14, 2023 | $0.27 | 3.61% |
Sep 14, 2023 | $0.26 | 4.55% |
Jun 14, 2023 | $0.26 | 4.27% |
Mar 14, 2023 | $0.26 | 3.88% |
Dec 14, 2022 | $0.26 | 4.06% |
Sep 14, 2022 | $0.25 | 4.71% |
Jun 14, 2022 | $0.25 | 4.99% |
Mar 14, 2022 | $0.25 | 3.8% |
Dec 14, 2021 | $0.25 | 3.75% |
Sep 14, 2021 | $0.25 | 3.7% |
Jun 14, 2021 | $0.22 | 3.46% |
Mar 12, 2021 | $0.22 | 2.83% |
Dec 14, 2020 | $0.22 | 2.7% |
Sep 14, 2020 | $0.2 | 2.12% |
Jun 12, 2020 | $0.2 | 1.31% |
Mar 12, 2020 | $0.2 | 0.73% |
Choiceone Financial Services's payout ratio of 34% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44.9%, Choiceone Financial Services's payout ratio is 24% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CZNC Citizens & Northern Corp | 5.45% | $1.12 | 77.8% |
FISI Financial Institutions Inc | 4.49% | $1.2 | 37.4% |
ASRV Ameriserv Financial Inc | 4.27% | $0.12 | N/A |
COFS Choiceone Financial Services, Inc. | 2.86% | $1.08 | 34% |
ACNB Acnb Corp | 2.72% | $1.26 | 36.5% |
FBMS First Bancshares Inc | 2.7% | $1 | 44.8% |
FUNC First United Corp | 2.27% | $0.82 | 33.3% |
FMBH First Mid Bancshares Inc | 2.24% | $0.94 | 28.8% |
Yes, Choiceone Financial Services has been paying dividends for the last 23 years.
Choiceone Financial Services's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.27 per share.
COFS's annualized dividend per share is $1.08.
The current dividend yield of Choiceone Financial Services is 2.86%.
Choiceone Financial Services has a quarterly dividend frequency.
Choiceone Financial Services's dividend payout ratio is 34%.
Choiceone Financial Services's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.