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Stock impact report

Should You Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) For Its Upcoming Dividend? [Yahoo! Finance]

ChoiceOne Financial Services, Inc. (COFS) 
NASDAQ:AMEX Investor Relations: choiceone.com
Company Research Source: Yahoo! Finance
The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase ChoiceOne Financial Services' shares on or after the 14th of March will not receive the dividend, which will be paid on the 29th of March. The company's next dividend payment will be US$0.27 per share, on the back of last year when the company paid a total of US$1.04 to shareholders. Based on the last year's worth of payments, ChoiceOne Financial Services has a trailing yield of 4.1% on the current stock price of US$26.30. If you buy this business for its dividend, you should have an idea of whether ChoiceOne Financial Services's dividend is reliable and sustainable. So we need to investigate whether ChoiceOne Fin Show less Read more
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