#United States #Dividend #COFS #Sparta, Michigan #ChoiceOne

ChoiceOne Financial Announces Cash Dividends

ChoiceOne Financial Services, Inc., headquartered in Sparta, Michigan, has declared a cash dividend of $0.28 per share on its common stock, effective for the third quarter of 2025. This announcement was made on August 27, 2025, by the company’s Board of Directors. The dividend is aimed at shareholders who are on record as of September 15, 2025, with payment scheduled for September 30, 2025.

This dividend amount is consistent with the total paid during the second quarter of 2025, and it also reflects a $0.01 increase compared to the third quarter of 2024. This consistency in dividend payments underscores ChoiceOne's strong performance and its commitment to providing returns to its shareholders.

ChoiceOne Financial Services operates as a financial holding company and acts as the parent corporation for ChoiceOne Bank, which is a member of the FDIC. With an extensive network of 56 offices across West, Central, and Southeast Michigan, the bank offers a range of services including banking, insurance, and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc.

As a publicly traded entity, ChoiceOne Financial Services has its stock quoted on the NASDAQ Capital Market under the symbol COFS. The recent announcement is a testament to the company’s healthy financial standing and its focus on shareholder value.

The decision to declare a dividend is essential for maintaining investor confidence, especially in today’s fluctuating market. Dividends serve as an indicator of the company’s prosperity and are a significant factor for investors seeking stable income through their investments.

ChoiceOne does not take these decisions lightly and considers various factors such as overall market conditions, the company’s earnings performance, and future growth projections when declaring dividends. The company aims to provide a competitive return on investment and maintain a robust dividend policy.

Conclusion

The declaration of the cash dividend by ChoiceOne Financial Services not only reflects positively on the company’s achievements but also reinforces its mission to cultivate a strong relationship with its investors. By remaining committed to returning value to shareholders, ChoiceOne demonstrates its readiness to engage in sustainable growth while ensuring profitability for its stakeholders. For more information on the company, investors can visit ChoiceOne's Investor Relations page.