ChoiceOne Financial Services, Inc. (COFS) Dividends

ChoiceOne Financial Services, Inc. (COFS): $36.08

0.25 (+0.70%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Midwest Regional Banks

Industry

D

Ranked

#29 of 47

in industry

Dividend Yield and Dividend History Highlights

  • Over the past 6 years of historical data, COFS has returned more capital to shareholders through its dividend issuances than only 14.51% of other dividend-paying US stocks.
  • COFS reports a compound annual dividend growth rate of 0.23% over the past 5.5 years.
  • COFS's free cash flow has been growing at a compound average annual rate of -1,056.75% over the past 5.5 years -- higher than just 0.8% of current US-listed dividend stocks.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with COFS that may be suitable potential portfolio mates: PEGA, REYN, ETR, PBR and ED.
COFS Ex-Dividend Date
COFS Dividend Yield
3.05%
COFS Annual Dividend
$1.08
COFS Payout Ratio

COFS Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$36.08$79.58 219.85%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Choiceone Financial Services Inc, the dividend discount model StockNews created for the company implies a positive return of 219.85%. To help understand and contextualize the model's evaluation of COFS, investors may wish to consider are:

  • A stock's beta generally indicates its volatility relative to the broader equity market; for Choiceone Financial Services Inc, its beta is lower than 97.51% of dividend issuing stocks we observed.
  • Based on dividend growth rate, COFS boasts a higher growth rate in terms of its annual cash distributed to its owners than 87.95% of the dividend issuers in our set.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, Choiceone Financial Services Inc has an equity discount rate lower than 84.44% of them.


COFS Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-09-13Dividend$0.27--
2024-06-14Dividend$0.27--
2024-03-14Dividend$0.27--
2023-12-14Dividend$0.27+3.85%
2023-09-14Dividend$0.26--
2023-06-14Dividend$0.26--
2023-03-14Dividend$0.26--
2022-12-14Dividend$0.26+4.00%
2022-09-14Dividend$0.25--
2022-06-14Dividend$0.25--
2022-03-14Dividend$0.25--
2021-12-14Dividend$0.25--
2021-09-14Dividend$0.25+13.64%
2021-06-14Dividend$0.22--
2021-03-12Dividend$0.22--
2020-12-14Dividend$0.22+10.00%
2020-09-14Dividend$0.20--
2020-06-12Dividend$0.20--
2020-03-12Dividend$0.20+53.85%
2013-06-12Dividend$0.13+8.33%
2010-12-13Dividend$0.12--
2010-09-13Dividend$0.12--
2010-06-11Dividend$0.12--
2010-03-11Dividend$0.12--
2009-12-11Dividend$0.12--
2009-09-11Dividend$0.12--
2009-06-11Dividend$0.12--
2009-03-11Dividend$0.12-29.41%
2008-12-11Dividend$0.17--
2008-09-11Dividend$0.17--
2008-06-11Dividend$0.17--
2008-03-12Dividend$0.17--
2007-12-12Dividend$0.17--
2007-09-12Dividend$0.17--
2007-06-13Dividend$0.17--
2007-03-13Dividend$0.17--
2006-12-13Dividend$0.17--
2006-09-13Dividend$0.17--
2006-06-13Dividend$0.17--
2006-03-13Dividend$0.17--
2005-12-13Dividend$0.17--
2005-09-13Dividend$0.17--
2005-06-13Dividend$0.17-83.81%
2005-05-05Dividend$1.05+517.65%
2005-03-11Dividend$0.17--
2004-12-13Dividend$0.17--
2004-09-13Dividend$0.17--
2004-06-14Dividend$0.17--
2004-03-10Dividend$0.17--
2003-12-10Dividend$0.17--


COFS Dividends vs. Peers

COFS's dividend yield currently ranks #35 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 FRME First Merchants Corporation 0.00%
2 HWBK Hawthorn Bancshares, Inc. 0.00%
3 NCBS Nicolet Bankshares Inc. 0.00%
4 GWB Great Western Bancorp, Inc. 0.00%
5 SBFG SB Financial Group, Inc. 0.00%
6 BKMU Bank Mutual Corporation 0.00%
7 FSFG First Savings Financial Group, Inc. 0.00%
8 LKFN Lakeland Financial Corporation 0.00%
9 IBCP Independent Bank Corporation 0.00%
10 MSBI Midland States Bancorp, Inc. 0.00%
11 ICBK County Bancorp, Inc. 0.00%
12 EBMT Eagle Bancorp Montana, Inc. 0.00%
13 CBCYB Central Bancompany, Inc. 0.00%
14 TFSL TFS Financial Corporation 0.00%
15 GABC German American Bancorp, Inc. 0.00%
16 SFNC Simmons First National Corporation 0.00%
17 THFF First Financial Corp. (Indiana) 0.00%
18 LEVL Level One Bancorp, Inc. 0.00%
19 ALTA Altabancorp 0.00%
20 INBK First Internet Bancorp 0.00%
21 PFC Premier Financial Corp. 0.00%
22 BUSE First Busey Corporation 0.00%
23 GFED Guaranty Federal Bancshares, Inc. 0.00%
24 KEY KeyCorp 0.00%
25 BY Byline Bancorp, Inc. 0.00%
26 WSBF Waterstone Financial, Inc. 0.00%
27 MBCN Middlefield Banc Corp. 0.00%
28 MBFI MB Financial Inc. 0.00%
29 PRK Park National Corporation 0.00%
30 PVTB PrivateBancorp, Inc. 0.00%
31 WTFC Wintrust Financial Corporation 0.00%
32 MBTF M B T Financial Corp 0.00%
33 MBWM Mercantile Bank Corporation 0.00%
34 MCBC Macatawa Bank Corporation 0.00%
35 COFS ChoiceOne Financial Services, Inc. 0.00%
36 SMBC Southern Missouri Bancorp, Inc. 0.00%
37 IROQ IF Bancorp, Inc. 0.00%
38 CASH Meta Financial Group, Inc. 0.00%
39 ONB Old National Bancorp 0.00%
40 MFNC Mackinac Financial Corporation 0.00%
41 MFSF MutualFirst Financial Inc. 0.00%
42 CBSH Commerce Bancshares, Inc. 0.00%
43 FMAO Farmers & Merchants Bancorp, Inc. 0.00%
44 UBOH United Bancshares, Inc. 0.00%
45 OSBC Old Second Bancorp, Inc. 0.00%
46 FBIZ First Business Financial Services, Inc. 0.00%
47 FCAP First Capital, Inc. 0.00%
48 ATLO Ames National Corporation 0.00%
49 ASB Associated Banc-Corp 0.00%
50 HBAN Huntington Bancshares Inc. 0.00%
51 CZWI Citizens Community Bancorp, Inc. 0.00%
52 SRCE 1st Source Corporation 0.00%
53 FFBC First Financial Bancorp. 0.00%
54 CFBK Central Federal Corporation 0.00%
55 CFFN Capitol Federal Financial, Inc. 0.00%
56 BFC Bank First Corporation 0.00%
57 FFWM First Foundation Inc. 0.00%
58 FITB Fifth Third Bancorp 0.00%
59 NBHC National Bank Holdings Corporation 0.00%
60 CHFC Chemical Financial Corporation 0.00%
61 MSFG MainSource Financial Group, Inc. 0.00%
62 HMNF HMN Financial, Inc. 0.00%
63 PEBO Peoples Bancorp Inc. 0.00%
64 FMBH First Mid Bancshares, Inc. 0.00%
65 FMBI First Midwest Bancorp, Inc. 0.00%
66 LARK Landmark Bancorp Inc. 0.00%
67 FMNB Farmers National Banc Corp. 0.00%
68 FCFP First Community Financial Partners, Inc. 0.00%
69 EQBK Equity Bancshares, Inc. - 0.00%
70 CIZN Citizens Holding Company 0.00%
71 BFIN BankFinancial Corporation 0.00%
72 BWB Bridgewater Bancshares, Inc. 0.00%
73 TCF TCF Financial Corporation 0.00%

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