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Zenith Bank (NSA:ZENITH) 5-Year Yield-on-Cost % : 15.45 (As of May. 22, 2024)


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What is Zenith Bank 5-Year Yield-on-Cost %?

Zenith Bank's yield on cost for the quarter that ended in Mar. 2024 was 15.45.


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

NSA:ZENITH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.08   Med: 14.35   Max: 29.03
Current: 15.45


During the past 13 years, Zenith Bank's highest Yield on Cost was 29.03. The lowest was 1.08. And the median was 14.35.


NSA:ZENITH's 5-Year Yield-on-Cost % is ranked better than
94.72% of 1193 companies
in the Banks industry
Industry Median: 4.99 vs NSA:ZENITH: 15.45

Competitive Comparison of Zenith Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Zenith Bank'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.


Zenith Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Zenith Bank's 5-Year Yield-on-Cost % falls into.



Zenith Bank 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 Zenith Bank is calculated as

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

Zenith Bank  (NSA:ZENITH) 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.


Zenith Bank 5-Year Yield-on-Cost % Related Terms

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Zenith Bank (NSA:ZENITH) Business Description

Traded in Other Exchanges
N/A
Address
Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA
Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.

Zenith Bank (NSA:ZENITH) Headlines

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