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Southside Bancshares (Southside Bancshares) 5-Year Yield-on-Cost % : 6.07 (As of Apr. 26, 2024)


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What is Southside Bancshares 5-Year Yield-on-Cost %?

Southside Bancshares's yield on cost for the quarter that ended in Dec. 2023 was 6.07.


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

SBSI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.77   Med: 3.91   Max: 6.39
Current: 6.07


During the past 13 years, Southside Bancshares's highest Yield on Cost was 6.39. The lowest was 2.77. And the median was 3.91.


SBSI's 5-Year Yield-on-Cost % is ranked better than
63.68% of 1206 companies
in the Banks industry
Industry Median: 4.975 vs SBSI: 6.07

Competitive Comparison of Southside Bancshares's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Southside Bancshares'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.


Southside Bancshares's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Southside Bancshares 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 Southside Bancshares is calculated as

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

Southside Bancshares  (NAS:SBSI) 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.


Southside Bancshares 5-Year Yield-on-Cost % Related Terms

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


Southside Bancshares (Southside Bancshares) Business Description

Traded in Other Exchanges
Address
1201 South Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Tony K Morgan director PO BOX 1079, TYLER X1 75710
Cindy Blackstone officer: Chief Retail Officer 1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson director PO BOX 1079, TYLER TX 75710
Keith Donahoe officer: RP CTX 1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford director PO BOX 1079, TYLER TX 75710
Alton L. Frailey director 1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy director SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Emily S Moore officer: HR DIRECTOR PO BOX 1079, TYLER TX 75710
Lawrence Lazelle Anderson director PO BOX 1079, TYLER` TX 75710

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