Park National (Park National) 5-Year Yield-on-Cost % : 3.39 (As of Apr. 25, 2024)

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What is Park National 5-Year Yield-on-Cost %?

Park National's yield on cost for the quarter that ended in Dec. 2023 was 3.39.

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

PRK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.06 Med: 4.3 Max: 6.73
Current: 3.39

During the past 13 years, Park National's highest Yield on Cost was 6.73. The lowest was 3.06. And the median was 4.30.

PRK's 5-Year Yield-on-Cost % is ranked worse than
70.9% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs PRK: 3.39

Competitive Comparison of Park National's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Park National'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.

Park National's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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

Park National 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 Park National is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Park National (AMEX:PRK) 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.

Park National 5-Year Yield-on-Cost % Related Terms

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

Park National (Park National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Park National Corp (AMEX:PRK) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 North Third Street, P.O. Box 3500, Newark, OH, USA, 43058-3500

Website

http://www.parknationalcorp.com

Park National Corp is a diversified financial services company based in Newark, Ohio, consisting of 11 community banking divisions with more than 100 offices in Ohio and Kentucky. Park National provides banking and other financial services to consumers and businesses.

Executives

Englefield F W Iv	director	50 NORTH THIRD STREET, P O BOX 3500, NEWARK OH 43058-3500
Dan Delawder	director, officer: President and CEO
Miller Daniel Byrd Iii	director	50 N THIRD ST, NEWARK OH 43055
Frederic M Bertley	director	50 N THIRD ST, NEWARK OH 43055
Robert E Oneill	director	50 N THIRD STREET, NEWARK OH 43055
Mark R Ramser	director	50 N THIRD ST, NEWARK OH 43055
Timothy S. Mclain	director	50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
James R Deroberts	director	50 N THIRD STREET, NEWARK OH 43055
Jason N Judd	director	50 N THIRD ST, NEWARK OH 43055
Leon Zazworsky	director	50 NORTH THIRD STREET, PO BOX 3500, NEWARK OH 43058-3500
Kelly A Edds	officer: Chief Accounting Officer	50 N THIRD STREET, NEWARK OH 43055
Alicia J Hupp	director	50 N THIRD STREET, NEWARK OH 43055
Julia A Sloat	director	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Brady T Burt	officer: Chief Financial Officer	0015 BENCHMARK ROAD, SUITE 300, P.O. BOX 6580, AVON CO 81620
Matthew R Miller	officer: Chief Accounting Officer	50 NORTH THIRD STREET, NEWARK OH 43055