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SpareBank 1 SMN (FRA:SJI) 5-Year Yield-on-Cost % : 12.54 (As of May. 11, 2024)


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What is SpareBank 1 SMN 5-Year Yield-on-Cost %?

SpareBank 1 SMN's yield on cost for the quarter that ended in Mar. 2024 was 12.54.


The historical rank and industry rank for SpareBank 1 SMN's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:SJI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.33   Med: 6.91   Max: 14.7
Current: 12.54


During the past 13 years, SpareBank 1 SMN's highest Yield on Cost was 14.70. The lowest was 1.33. And the median was 6.91.


FRA:SJI's 5-Year Yield-on-Cost % is ranked better than
92.19% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs FRA:SJI: 12.54

Competitive Comparison of SpareBank 1 SMN's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, SpareBank 1 SMN's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 SMN's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's 5-Year Yield-on-Cost % falls into.



SpareBank 1 SMN 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of SpareBank 1 SMN is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

SpareBank 1 SMN  (FRA:SJI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


SpareBank 1 SMN 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of SpareBank 1 SMN's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 SMN (FRA:SJI) Business Description

Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN (FRA:SJI) Headlines

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