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Trustco Bank N Y (Trustco Bank N Y) 5-Year Yield-on-Cost %

: 5.75 (As of Today)
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Trustco Bank N Y's yield on cost for the quarter that ended in Dec. 2023 was 5.75.


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

TRST' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.99   Med: 4.2   Max: 6.27
Current: 5.75


During the past 13 years, Trustco Bank N Y's highest Yield on Cost was 6.27. The lowest was 2.99. And the median was 4.20.


TRST's 5-Year Yield-on-Cost % is ranked better than
61.58% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs TRST: 5.75

Competitive Comparison

For the Banks - Regional subindustry, Trustco Bank N Y'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.


Trustco Bank N Y 5-Year Yield-on-Cost % Distribution

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

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



Trustco Bank N Y 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 Trustco Bank N Y is calculated as

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

Trustco Bank N Y  (NAS:TRST) 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.


Trustco Bank N Y 5-Year Yield-on-Cost % Related Terms

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Trustco Bank N Y (Trustco Bank N Y) Business Description

Traded in Other Exchanges
Address
5 Sarnowski Drive, Glenville, NY, USA, 12302
Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.
Executives
Frank B Silverman director C/O TRUSTCO BANK, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert J Mccormick director, officer: PRES. & CEO TRUSTCO BANK CORP C/O TRUSTCO BANK COMPANY, 5 SARNOUSKI DR, GLENVILLE NY 12302
Michael James Hall officer: SECRETARY C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Kevin M Curley officer: SENIOR VICE PRESIDENT C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Eric W Schreck officer: TREASURER C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert M Leonard officer: AVP & Assistant Secretary 5 SARNOWSKI DR, GELNVILLE NY 12302
Steffani Cotugno director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Michael M Ozimek officer: SVP & CFO C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Curtis N Powell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12303
Scot R Salvador officer: Chief Banking Officer & EVP
Lisa M Reutter director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
De Gennaro Dennis A director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE NY 12302
Kimberly Adams Russell director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Alejandro M Sanchez director C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
William D Powers director C/O TRUSTCO BANK CORP, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302

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