#United States #Cash Dividends #ChoiceOne Financial #COFS #Sparta, Michigan

ChoiceOne Financial Services Declares Cash Dividend

Sparta, Michigan — In a recent announcement, ChoiceOne Financial Services, Inc. disclosed that its Board of Directors has approved a cash dividend of $0.28 per share for its common stock. This decision marks a continued commitment to returning value to shareholders and showcases the corporation's robust financial health.

The declared cash dividend is applicable to shareholders who are registered as of December 13, 2024. Payments will be issued on December 31, 2024, allowing investors to look forward to receiving this return on their investments promptly. Notably, this represents a $0.01 increase from the previous quarter's dividend, illustrating steady growth in ChoiceOne’s financial performance.

ChoiceOne Financial Services, Inc. serves as a financial holding company and is the parent organization of ChoiceOne Bank, which is a member of the FDIC. The bank operates 36 branches across several counties in Michigan, including Kent, Lapeer, Macomb, Muskegon, Newaygo, Ottawa, and St. Clair. Through its subsidiary, ChoiceOne Insurance Agencies, Inc., the bank also provides a range of insurance and investment offerings.

Traded under the NASDAQ Capital Market with the ticker symbol COFS, ChoiceOne Financial has positioned itself as a competitive player in the banking sector. The increase in dividends highlights the company’s strong earnings and strategic management, further boosting investor confidence.

As an organization, ChoiceOne is committed to serving its community and offering quality financial services. The bank's ongoing efforts to expand its product range and enhance customer satisfaction demonstrate its ambition within the sector.

The 2024 Dividend Declaration underscores not just past achievements but also the board's optimism regarding the financial outlook in the coming year. Investors will certainly be analyzing this dividend decision as a reflection of the company’s sustainability and potential for future growth.

For further information regarding ChoiceOne Financial Services and its latest offerings, investors and interested individuals can visit their investor relations page at ChoiceOne Bank. Whether through banking, investments, or insurance, ChoiceOne is paving the way for diversified financial services in Michigan.