Trailing Dividend / Share
$1.21
ChoiceOne Financial Services, Inc. (COFS) Dividend History
Income profile from 2001 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.8%
Payout Ratio
60.2%
Watch
Dividend Streak
5 years
COFS Dividend Income Check
Safety
60.2% payout ratio with watch safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 3.9% and trend is rising.
COFS Dividend Scorecard
Yield & Income
Dividend Yield3.8%
Trailing DPS$1.21
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout60.2%
Earnings SafetyWatch
FCF Payout146.1%
FCF SafetyStretched
Piotroski F-Score4/9
Growth
Growth Streak5 years
3Y CAGR3.8%
5Y CAGR6.6%
Yield on Cost (5Y)3.9%
YOC Trendrising
Total Returns
Buyback Yield0.6%
Total Shareholder Yield4.4%
1Y Total Return15.0%
5Y Total Return47.0%
Div Contribution (5Y)21.1%
Estimated $10K growth (return + dividends):
5Y ago$14,70410Y ago$20,19920Y ago$27,442
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
COFS Income Growth Story
Dividend per share and yield on cost over time (26 years of payments)
COFS Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
ChoiceOne Financial Services, Inc. distributes 60.2% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 146.1%, rated "Stretched".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
COFS has raised its dividend for 5 consecutive years, with a 3-year CAGR of 3.8% and 5-year CAGR of 6.6%.
Total Shareholder Returns
Beyond cash dividends, COFS returns capital through share repurchases. The combined picture: 3.8% dividend yield, 0.6% buyback yield, 4.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.9% and is currently rising. The 5-year total return is 47.0%, with dividends contributing 21.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,199 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
COFS Recent Dividend Payments
Last 20 payments · Annual
TTM Total$5.29
Avg/Payment$0.2645
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.2900 | — | 4.18% | Mar 31, 2026 |
| Dec 15, 2025 | $0.2900 | ↑ +3.6% | 3.55% | Dec 31, 2025 |
| Sep 15, 2025 | $0.2800 | — | 3.73% | Sep 30, 2025 |
| Jun 13, 2025 | $0.2800 | — | 3.94% | Jun 30, 2025 |
| Mar 14, 2025 | $0.2800 | — | 3.85% | Mar 31, 2025 |
| Dec 13, 2024 | $0.2800 | ↑ +3.7% | 2.98% | Dec 31, 2024 |
| Sep 13, 2024 | $0.2700 | — | 3.60% | Sep 30, 2024 |
| Jun 14, 2024 | $0.2700 | — | 4.15% | Jun 28, 2024 |
COFS Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
3.8%
#1 of 9
Safety
Watch
60.2% payout
Streak
5Y
6.6% 5Y CAGR
Total Shareholder
4.4%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st COFSChoiceOne Financial … | $471M | 3.8% | 60.2% | 5 | Watch |
 MBWMMercantile Bank Corp… | $898M | 2.8% | 27.0% | 6 | Sustainable |
 IBCPIndependent Bank Cor… | $699M | 3.0% | 31.5% | 11 | Sustainable |
 CZWICitizens Community B… | $203M | 1.8% | 25.0% | 7 | Sustainable |
 BWFGBankwell Financial G… | $415M | 1.5% | 17.8% | 0 | Sustainable |
2nd  LKFNLakeland Financial C… | $1.6B | 3.2% | 49.7% | 12 | Sustainable |
 FFINFirst Financial Bank… | $4.6B | 2.2% | 46.0% | 11 | Sustainable |
3rd  NBTBNBT Bancorp Inc. | $2.4B | 3.2% | 42.9% | 12 | Sustainable |
 FXNCFirst National Corpo… | $253M | 2.2% | 31.2% | 11 | Sustainable |
COFS Annual Dividend History (1994–2026)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.29 | — | 1 | — | — | — | 1.0% |
| 2025 | $1.13 | 3.7% | 4 | $2.01 | 56.2% | 1.78x | 3.9% |
| 2024 | $1.09 | 3.8% | 4 | $3.25 | 33.5% | 2.98x | 3.8% |
| 2023 | $1.05 | 4.0% | 4 | $2.82 | 37.2% | 2.69x | 3.6% |
| 2022 | $1.01 | 7.4% | 4 | $3.15 | 32.1% | 3.12x | 3.5% |
| 2021 | $0.94 | 14.6% | 4 | $2.86 | 32.9% | 3.04x | 3.2% |
| 2020 | $0.82 | -41.4% | 4 | $2.07 | 39.6% | 2.52x | 2.8% |
| 2019 | $1.40 | 96.8% | 4 | $1.58 | 88.6% | 1.13x | 4.8% |
| 2018 | $0.71 | 11.2% | 4 | $2.02 | 35.2% | 2.84x | 2.4% |
| 2017 | $0.64 | 3.7% | 4 | $1.70 | 37.6% | 2.66x | 2.2% |
See COFS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs COFS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare COFS vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonCOFS — Frequently Asked Questions
Quick answers to the most common questions about buying COFS stock.
How much dividend does COFS pay per share?
ChoiceOne Financial Services, Inc. (COFS) pays a trailing 12-month dividend of $1.21 per share, with a current dividend yield of +3.8%. Payments are made Annual.
When is COFS's next ex-dividend date?
COFS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. COFS typically pays dividends Annual.
Is COFS's dividend safe?
COFS's dividend safety is rated "Watch" based on an earnings payout ratio of +60.2% and FCF payout ratio of +146.1%. The 5-year growth streak provides moderate confidence.
Is COFS a Dividend Payer?
Yes, ChoiceOne Financial Services, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +6.6%, demonstrating above-inflation dividend growth.
How often does COFS pay dividends?
ChoiceOne Financial Services, Inc. pays dividends Annual. The trailing 12-month total is $1.21 per share. Dividend data on this page covers 25+ years from 2001 to 2026.
How much would $10,000 invested in COFS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in COFS five years ago would be worth approximately $14,704 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is COFS's yield on cost for long-term holders?
COFS's yield on cost — the current dividend divided by the original purchase price — is +3.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.8% market yield, thanks to consistent dividend growth.