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Suruga Bank (Suruga Bank) 5-Year Yield-on-Cost % : 0.25 (As of May. 13, 2024)


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What is Suruga Bank 5-Year Yield-on-Cost %?

Suruga Bank's yield on cost for the quarter that ended in Dec. 2023 was 0.25.


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

SUGBY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.22   Med: 0.4   Max: 1.84
Current: 0.25


During the past 13 years, Suruga Bank's highest Yield on Cost was 1.84. The lowest was 0.22. And the median was 0.40.


SUGBY's 5-Year Yield-on-Cost % is ranked worse than
98.49% of 1191 companies
in the Banks industry
Industry Median: 4.91 vs SUGBY: 0.25

Competitive Comparison of Suruga Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Suruga Bank'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.


Suruga Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Suruga Bank 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 Suruga Bank is calculated as

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

Suruga Bank  (OTCPK:SUGBY) 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.


Suruga Bank 5-Year Yield-on-Cost % Related Terms

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Suruga Bank (Suruga Bank) Business Description

Traded in Other Exchanges
Address
23 Toriyoko-cho, Numazu, JPN
Suruga Bank Ltd. is a regional bank in the Kanto area. The company divides its operations into five core businesses: personal loans, housing loans, asset management, life support, and small- to medium-size corporate lending. Specifically, this includes deposits, loans, foreign exchange transactions, leasing, letters of credit, and credit card services. Within their loan business, Suruga caters to consumers, allowing them to access more credit to work on projects such as renovations and refurbishment in addition to traditional housing loans. The company earns the majority of its revenue from housing loans. The bank operates primarily in Shizuoka and Kanagawa.

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