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Kearny Financial (Kearny Financial) 5-Year Yield-on-Cost % : 24.50 (As of Apr. 24, 2024)


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What is Kearny Financial 5-Year Yield-on-Cost %?

Kearny Financial's yield on cost for the quarter that ended in Dec. 2023 was 24.50.


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

KRNY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.53   Med: 6.28   Max: 25.31
Current: 24.5


During the past 13 years, Kearny Financial's highest Yield on Cost was 25.31. The lowest was 0.53. And the median was 6.28.


KRNY's 5-Year Yield-on-Cost % is ranked better than
97.59% of 1203 companies
in the Banks industry
Industry Median: 4.95 vs KRNY: 24.50

Competitive Comparison of Kearny Financial's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Kearny Financial'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.


Kearny Financial's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Kearny Financial 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 Kearny Financial is calculated as

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

Kearny Financial  (NAS:KRNY) 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.


Kearny Financial 5-Year Yield-on-Cost % Related Terms

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


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004