ChoiceOne Financial Services Raises Quarterly Dividend to $0.29 Per Share

ChoiceOne Financial Services, Inc., a financial holding company based in Sparta, Michigan, announced a quarterly cash dividend increase. The Board of Directors declared a $0.29 per share dividend payable on December 31, 2025, to shareholders of record as of December 15, 2025. This dividend represents a $0.01 increase from both the previous quarter and the same quarter of the prior year, signaling steady growth in shareholder returns. As the parent company of ChoiceOne Bank, which operates 56 offices across Michigan, and its subsidiary ChoiceOne Insurance Agencies, the dividend announcement may reflect the financial health and performance of its insurance and banking operations. The incremental dividend growth is notable for investors tracking financial institutions that provide insurance and investment products alongside traditional banking services. Trading under the NASDAQ symbol 'COFS,' ChoiceOne Financial Services’ dividend trajectory can influence shareholder investment strategies and offers insight into corporate governance decisions relating to capital distribution within the financial services sector.