Southern Michigan Bancorp (Southern Michigan Bancorp) 5-Year Yield-on-Cost %

: 3.35 (As of Today)

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Southern Michigan Bancorp's yield on cost for the quarter that ended in Dec. 2018 was 3.35.

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

SOMC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.35
Current: 3.35

During the past 13 years, Southern Michigan Bancorp's highest Yield on Cost was 3.35. The lowest was 0.00. And the median was 0.00.

SOMC's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.93 vs SOMC: 3.35

Competitive Comparison

For the Banks - Regional subindustry, Southern Michigan 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.

Southern Michigan Bancorp 5-Year Yield-on-Cost % Distribution

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

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

Southern Michigan 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 Southern Michigan Bancorp is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Southern Michigan Bancorp (OTCPK:SOMC) 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.

Southern Michigan Bancorp 5-Year Yield-on-Cost % Related Terms

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Southern Michigan Bancorp (Southern Michigan Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Michigan Bancorp Inc (OTCPK:SOMC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 West Pearl Street, Coldwater, MI, USA, 49036

Website

https://www.smb-t.com

Southern Michigan Bancorp Inc is a United States-based financial holding company. It is engaged in the business activity of the ownership and management of its wholly-owned subsidiary bank. The Bank offers individuals, businesses, institutions, and government agencies a full range of commercial banking services. The customer base is located primarily in the southwest Michigan communities in which the Bank has branches, and in areas immediately surrounding these communities. The Bank makes commercial and consumer loans to customers. The majority of loans are secured by business assets, commercial and residential real estate, and consumer assets. The bank operates in a single segment: commercial banking.

Southern Michigan Bancorp (Southern Michigan Bancorp) Headlines

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