SmarterDividends
COFS

ChoiceOne Financial Services, Inc.

COFS

Financial Services · Banks - Regional · Stock · quarterly payer

$33.10

Undervalued · +80% Add to Portfolio

Forward Yield

3.50%

Annual Dividend

$1.16

Payout Ratio

31%

5-Yr Growth

6.6%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about COFS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, ChoiceOne Financial Services, Inc. (COFS) has a forward dividend yield of 3.50%, based on an annual dividend of $1.16 per share and a share price of $33.10.
  • As of Oct 18, 2026, COFS's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, ChoiceOne Financial Services, Inc. (COFS) has raised its dividend for 14 consecutive years as of Oct 18, 2026.
  • COFS last cut its regular dividend in 2009.
  • COFS's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.29 per share.
  • As of Oct 18, 2026, COFS pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
  • COFS's dividend has grown at an average rate of 6.6% a year over the past five years.
  • As of Oct 18, 2026, COFS's 3.50% yield is 12% below its five-year average yield of 3.97%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for COFS is $59.68 per share, 80% above the $33.10 share price, so COFS screens as undervalued.
  • ChoiceOne Financial Services, Inc. (COFS) pays its dividend quarterly, 4 times a year.
  • ChoiceOne Financial Services, Inc. (COFS) has raised its regular dividend 15 times and cut it 1 time across the 93 payments on record since 2003. Its most recent change was a 3.6% increase to $0.290 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Mar 11, 2009.
Cite this page

SmarterDividends, "COFS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/COFS

Summary

As of Oct 18, 2026, ChoiceOne Financial Services, Inc. (COFS) yields 3.50% ($1.16 a year per share), has a dividend safety grade of A (87/100) and has 14 consecutive years of dividend increases on record.

Is COFS a good dividend stock?

Yes

ChoiceOne Financial Services, Inc. (COFS) pays a quarterly dividend yielding 3.50% ($1.16/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 14 consecutive years of dividend growth
  • Comfortable payout ratio (31%)
  • Strong 6.6% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
3.50%
Payout Ratio
31%
Annual Dividend
$1.16
5-Yr Avg Growth
6.6%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.64
Market Cap
$495.0M
P/E Ratio
9.0
5-Yr Total Return
30%
52-Week Range
$26.35 – $35.40
Dividend Safety
A · 87/100
Ever Cut?
Yes (2009)

COFS dividend raises and cuts

ChoiceOne Financial Services, Inc. (COFS) has raised its regular dividend 15 times and cut it 1 time across the 93 payments on record since 2003. Its most recent change was a 3.6% increase to $0.290 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Mar 11, 2009.

Ex-dateChangeOld → newMove
Dec 15, 2025Raise$0.280 → $0.290+3.6%
Dec 13, 2024Raise$0.270 → $0.280+3.7%
Dec 14, 2023Raise$0.260 → $0.270+3.8%
Dec 14, 2022Raise$0.250 → $0.260+4.0%
Sep 14, 2021Raise$0.220 → $0.250+13.6%
Dec 14, 2020Raise$0.200 → $0.220+10.0%
Mar 14, 2019Raise$0.180 → $0.200+11.1%
Jun 14, 2018Raise$0.171 → $0.180+5.0%
Mar 14, 2018Raise$0.162 → $0.171+5.9%
Jun 13, 2017Raise$0.154 → $0.162+5.0%
Jun 11, 2015Raise$0.136 → $0.154+13.3%
Jun 11, 2014Raise$0.127 → $0.136+7.1%
Show all 16 changes since 2005
Ex-dateChangeOld → newMove
Sep 11, 2013Raise$0.118 → $0.127+7.7%
Sep 12, 2012Raise$0.109 → $0.118+8.3%
Mar 11, 2009Cut$0.154 → $0.109−29.4%
Jun 13, 2005Raise$0.147 → $0.154+5.0%
Every COFS payment →Download every raise and cut (CSV)
COFS ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →COFS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is COFS a good dividend stock?

Yes. ChoiceOne Financial Services, Inc. (COFS) pays a quarterly dividend yielding 3.50% ($1.16/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is COFS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, COFS's fair value is about $59.68 versus a $33.10 share price — so it looks undervalued (+80% vs. fair value).

Is COFS's dividend safe?

COFS has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 14-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is COFS's fair value?

Our blended fair-value estimate for COFS is about $59.68 per share, roughly 80% above the current $33.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is COFS a buy, hold, or sell?

We don't issue formal ratings, but on the data COFS screens as "yes" and undervalued. ChoiceOne Financial Services, Inc. (COFS) pays a quarterly dividend yielding 3.50% ($1.16/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will COFS cut its dividend?

COFS earns a dividend-safety grade of A (87/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does COFS pay a dividend?

Yes. ChoiceOne Financial Services, Inc. pays a quarterly dividend of about $1.16 per share annually, a forward yield of roughly 3.50%.

What is COFS's dividend yield?

As of Oct 18, 2026, COFS's forward dividend yield is 3.50%, based on a $1.16 annual dividend and a $33.10 share price.

What is COFS's dividend per share?

As of Oct 18, 2026, COFS pays $1.16 per share per year, distributed on a quarterly basis.

What is COFS's dividend payout ratio?

As of Oct 18, 2026, COFS's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has COFS grown its dividend?

As of Oct 18, 2026, COFS has increased its dividend for 14 consecutive years.

When is the next COFS ex-dividend date?

As of Oct 18, 2026, COFS's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.29 per share.

Income Calculator

At $1.16 / yr per share

Per payment (quarterly)$29.00
Annual$116.00
Monthly avg$9.67

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