ChoiceOne Financial Services, Inc. Stock Dividends
COFS pays dividends quarterly. Last paid amount was $0.270 at Mar 29, 2024. As of today, dividend yield (TTM) is 4.36%.
Dividend Yield Range
AI Analysis of COFS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.36% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 3.85% |
| Payout Ratio | 0 |
| Amount Per Share | $0.270 |
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ChoiceOne Financial Services, Inc. has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.
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COFS Dividend Payout History
To ensure a understanding of COFS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 28, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.270 | 0.99% |
| 2 | Nov 29, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.270 | 0.92% |
| 3 | Aug 23, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.260 | 1.32% |
| 4 | May 24, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.260 | 1.13% |
| 5 | Feb 22, 2023 | Mar 14, 2023 | Mar 31, 2023 | $0.260 | 1.03% |
| 6 | Nov 30, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.260 | 0.90% |
| 7 | Aug 24, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.250 | 1.15% |
| 8 | May 25, 2022 | Jun 14, 2022 | Jun 30, 2022 | $0.250 | 1.24% |
| 9 | Feb 25, 2022 | Mar 14, 2022 | Mar 31, 2022 | $0.250 | 1.00% |
| 10 | Dec 01, 2021 | Dec 14, 2021 | Dec 31, 2021 | $0.250 | 0.94% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
COFS Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from COFS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in COFS stock here.
Comparing COFS to Sector and Country
COFS pays a solid dividend yield of 4.36%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). COFS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.94%), which means that there are more attractive dividend stocks to consider.
COFS Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| ChoiceOne Financial Services, Inc. | 188.072M | $0.270 | 4.36% | 28.01% | |
| Shore Bancshares Inc | 370.961M | $0.120 | 4.23% | 78.08% |
