NorthEast Community Bancorp (NorthEast Community Bancorp) 5-Year Yield-on-Cost % : 6.20 (As of Apr. 25, 2024)

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What is NorthEast Community Bancorp 5-Year Yield-on-Cost %?

NorthEast Community Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 6.20.

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

NECB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.1 Med: 5.14 Max: 12.73
Current: 6.2

During the past 13 years, NorthEast Community Bancorp's highest Yield on Cost was 12.73. The lowest was 1.10. And the median was 5.14.

NECB's 5-Year Yield-on-Cost % is ranked better than
66.92% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs NECB: 6.20

Competitive Comparison of NorthEast Community Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, NorthEast Community Bancorp'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.

NorthEast Community Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where NorthEast Community Bancorp's 5-Year Yield-on-Cost % falls into.

NorthEast Community Bancorp 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 NorthEast Community Bancorp is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

NorthEast Community Bancorp (NAS:NECB) 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.

NorthEast Community Bancorp 5-Year Yield-on-Cost % Related Terms

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NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NorthEast Community Bancorp Inc (NAS:NECB) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Hamilton Avenue, White Plains, NY, USA, 10601

Website

https://www.necb.com

NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.

Executives

Charles A Martinek	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Charles Michael Cirillo	director	C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth H Thomas	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Linda M Swan	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth A Martinek	director, officer: Chairman and CEO	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
John F Mckenzie	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Patrick Omalley	director	C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Diane B Cavanaugh	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Donald S Hom	officer: EVP and CFO	325 HAMILTON AVE, WHITE PLAINS NY 10601
Jose M Collazo	director, officer: President and COO	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Eugene M Magier	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601