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Sparebank 68 Grader Nord (OSL:SB68) 5-Year Yield-on-Cost % : 7.55 (As of May. 26, 2024)


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What is Sparebank 68 Grader Nord 5-Year Yield-on-Cost %?

Sparebank 68 Grader Nord's yield on cost for the quarter that ended in Mar. 2024 was 7.55.


The historical rank and industry rank for Sparebank 68 Grader Nord's 5-Year Yield-on-Cost % or its related term are showing as below:

OSL:SB68' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.13   Med: 5.69   Max: 7.69
Current: 7.55


During the past 6 years, Sparebank 68 Grader Nord's highest Yield on Cost was 7.69. The lowest was 1.13. And the median was 5.69.


OSL:SB68's 5-Year Yield-on-Cost % is ranked better than
75.13% of 1194 companies
in the Banks industry
Industry Median: 5.015 vs OSL:SB68: 7.55

Competitive Comparison of Sparebank 68 Grader Nord's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Sparebank 68 Grader Nord'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 68 Grader Nord's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebank 68 Grader Nord's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sparebank 68 Grader Nord's 5-Year Yield-on-Cost % falls into.



Sparebank 68 Grader Nord 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 68 Grader Nord is calculated as

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

Sparebank 68 Grader Nord  (OSL:SB68) 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 68 Grader Nord 5-Year Yield-on-Cost % Related Terms

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Sparebank 68 Grader Nord (OSL:SB68) Business Description

Traded in Other Exchanges
N/A
Address
Storgata 9, Leknes, NOR, 8370
Sparebank 68 Grader Nord is a local savings bank, focused on retail banking and insurance products and services. The range of products offered includes current accounts, payment cards, savings accounts, consumer loans, car loans, and mortgage loans.

Sparebank 68 Grader Nord (OSL:SB68) Headlines

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