Old Point Financial (Old Point Financial) 5-Year Yield-on-Cost % : 4.83 (As of Apr. 26, 2024)

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What is Old Point Financial 5-Year Yield-on-Cost %?

Old Point Financial's yield on cost for the quarter that ended in Dec. 2023 was 4.83.

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

OPOF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.54 Med: 2.35 Max: 4.83
Current: 4.83

During the past 13 years, Old Point Financial's highest Yield on Cost was 4.83. The lowest was 1.54. And the median was 2.35.

OPOF's 5-Year Yield-on-Cost % is ranked worse than
52.16% of 1206 companies
in the Banks industry
Industry Median: 4.975 vs OPOF: 4.83

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

For the Banks - Regional subindustry, Old Point 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.

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

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

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

Old Point 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 Old Point Financial is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Old Point Financial (NAS:OPOF) 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.

Old Point Financial 5-Year Yield-on-Cost % Related Terms

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Old Point Financial (Old Point Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Old Point Financial Corp (NAS:OPOF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 East Queen Street, Hampton, VA, USA, 23669

Website

https://www.oldpoint.com

Old Point Financial Corp functions in the financial services domain in the United States. As the holding company of The Bank and Trust, it is a nationally chartered trust and wealth management service, provider. Its suite of services includes commercial banking solutions such as loan, deposit and cash management, which are rendered through a chain of branches throughout the country. It operates through segments such as Bank, Wealth and Company.

Executives

Sarah B Golden	director	PO BOX 3392, HAMPTON VA 23663
Tom B Langley	director	PO BOX 3392, HAMPTON VA 23663
Michael A Glasser	director	PO BOX 3392, HAMPTON VA 23663
Joseph R Witt	director, other: EVP, Corporate Banking, OPNB	PO BOX 3392, HAMPTON VA 23663
Paul M Pickett	officer: Chief Financial Officer	PO BOX 3392, HAMPTON VA 23663
Elizabeth S Wash	director	1104 WORMLEY CREEK DRIVE, YORKTOWN VA 23692
Pl Capital Advisors, Llc	10 percent owner	750 ELEVENTH STREET SOUTH, SUITE 202, NAPLES FL 34102
John Cabot Ishon	director	PO BOX 3392, HAMPTON VA 23663
Thacker Clark Rebekah Ellen	director	PO BOX 3392, HAMPTON VA 23663
Adams Stephen Conway	director	PO BOX 3392, HAMPTON VA 23663
Shuford Robert F Jr	other: EVP/CHIEF OPERATING OFFR-OPNB	PO BOX 3392, HAMPTON VA 23663
Greene Dr Arthur D	director	PO BOX 3392, HAMPTON VA 23663
John W Palmer	10 percent owner	C/O SECURITY FINANCIAL BANCORP INC, 9321 WICKER AVE, ST JOHN IN 46373
Richard J Lashley	10 percent owner	C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Kauders A Eric Jr	officer: SVP/Trust	101 E QUEEN ST, HAMPTON VA 23669