ChoiceOne Financial Declares Cash Dividends to Shareholders

Author: Addison Perry Updated: 08-27-2025 04:13 PM

ChoiceOne Financial Services Declares Cash Dividend

ChoiceOne Financial Services, Inc. has declared a cash dividend of $0.28 per share for its common stock. This announcement, made by the Board of Directors, comes as a positive sign for shareholders.

Understanding the Cash Dividend Announcement

The declared dividend will be available to shareholders of record, and the payment is scheduled shortly after. This move to offer dividends reflects the company's ongoing commitment to its investors. Such dividends are crucial for attracting and retaining shareholders, providing them with a tangible return on their investment.

Details of the Dividend Payment

The cash dividend is set to provide a reassuring consistency to shareholders, mirroring the dividend from the previous quarter. Notably, it represents a small increase from the same quarter last year, highlighting the company's steady growth and resilience in the financial market.

About ChoiceOne Financial Services

ChoiceOne Financial Services, Inc. is a financial holding company that operates primarily through its subsidiary, ChoiceOne Bank. The headquarters are located in Sparta, Michigan, where it serves a wide range of customers through 56 offices situated across different regions in the state.

Subsidiary Services Offered

In addition to traditional banking services, ChoiceOne Bank provides a variety of insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. This diverse range of services allows the company to cater to various financial needs.

Market Position and Shareholder Benefits

As a corporation listed on the NASDAQ Capital Market under the ticker symbol "COFS," ChoiceOne Financial Services continues to uphold a solid market position. The declared dividend is indicative of its robust financial performance and commitment to shareholder returns.

The ongoing efforts to provide dividends are a testament to the company’s dedication to delivering value to its shareholders while ensuring that it remains competitive in the financial services industry.

Frequently Asked Questions

What is the announced cash dividend amount?

The announced cash dividend amount is $0.28 per share.

When will the cash dividend be paid?

The cash dividend is scheduled to be paid shortly after September 15, 2025, assuming eligibility criteria are met.

How often does ChoiceOne Financial declare dividends?

ChoiceOne Financial has consistently declared dividends quarterly, reflecting their stable financial performance.

What services does ChoiceOne Bank provide?

ChoiceOne Bank offers traditional banking services along with insurance and investment products through its subsidiary.

Where is ChoiceOne Financial Services headquartered?

ChoiceOne Financial Services is headquartered in Sparta, Michigan.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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