SPARTA, Mich. - ChoiceOne Financial Services, Inc. (NASDAQ:COFS), the parent company of ChoiceOne Bank, has maintained its quarterly cash dividend at $0.27 per share. This dividend is consistent with the amount distributed in the last quarter of 2023 and reflects a slight increase from the first quarter of the same year.
The dividend will be available to shareholders of record as of March 15, 2024, with the payment date set for March 29, 2024. This announcement represents a continuation of the company's policy to return value to its shareholders through regular dividend payments.
ChoiceOne Financial Services operates as a financial holding company through its subsidiary ChoiceOne Bank, which serves customers in several Michigan counties. The bank provides a range of banking services and also offers insurance and investment products through ChoiceOne Insurance Agencies, Inc.
Investors and those interested in the company's financial strategies may note that the dividend rate has been kept stable, indicating a consistent financial approach by the management.
The information shared in this article is based on a press release statement from ChoiceOne Financial Services, Inc.
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