ChoiceOne Financial Services, Inc.
COFSFinancial Services · Stock · quarterly payer
Forward Yield
3.38%
Annual Dividend
$1.16
Payout Ratio
30%
5-Yr Growth
6.6%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, ChoiceOne Financial Services, Inc. (COFS) yields 3.38% ($1.16 per share annually), with a blended fair-value estimate of $58.76 — +71% upside, so it screens as undervalued. Dividend safety grade: A (86/100). 14 years of dividend growth.
Is COFS a good dividend stock?
YesChoiceOne Financial Services, Inc. (COFS) pays a quarterly dividend yielding 3.38% ($1.16/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Comfortable payout ratio (30%)
- Strong 6.6% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 3.38%
- Payout Ratio
- 30%
- Annual Dividend
- $1.16
- 5-Yr Avg Growth
- 6.6%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.61
- Market Cap
- $505.6M
- P/E Ratio
- 8.9
- 5-Yr Total Return
- 39%
- 52-Week Range
- $26.10 – $35.40
- Dividend Safety
- A · 86/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
COFS Price — Last 12 Months
Daily close
Price Return
1 Year
+18%
3 Years
+75%
5 Years
+39%
52-Week Range
$26.10 – $35.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is COFS worth?
Undervaluedmedium confidenceOur blended fair-value estimate for ChoiceOne Financial Services, Inc. is $58.76 per share, versus a market price of $34.30. That implies 71% of upside — a margin of safety of about 42%.
Fair Value
$58.76
Current Price
$34.30
Upside
+71%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.5% annual free-cash-flow growth. We model 9.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.4% discount rate (CAPM), 9.5% stage-1 growth, 2.5% terminal growth, $3.78 EPS, $1.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
COFS Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.2900 | regular |
| Mar 13, 2026 | — | $0.2900 | regular |
| Dec 15, 2025 | — | $0.2900 | regular |
| Sep 15, 2025 | — | $0.2800 | regular |
| Jun 13, 2025 | — | $0.2800 | regular |
| Mar 14, 2025 | — | $0.2800 | regular |
| Dec 13, 2024 | — | $0.2800 | regular |
| Sep 13, 2024 | — | $0.2700 | regular |
| Jun 14, 2024 | — | $0.2700 | regular |
| Mar 14, 2024 | — | $0.2700 | regular |
| Dec 14, 2023 | — | $0.2700 | regular |
| Sep 14, 2023 | — | $0.2600 | regular |
| Jun 14, 2023 | — | $0.2600 | regular |
| Mar 14, 2023 | — | $0.2600 | regular |
Income Calculator
At $1.16 / yr per share
