GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » California First Leasing Corp (OTCPK:CFNB) » Definitions » 5-Year Yield-on-Cost %

California First Leasing (California First Leasing) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2024)


View and export this data going back to 1987. Start your Free Trial

What is California First Leasing 5-Year Yield-on-Cost %?

California First Leasing's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, California First Leasing's highest Yield on Cost was 14.73. The lowest was 0.00. And the median was 3.11.


CFNB's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.28
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of California First Leasing's 5-Year Yield-on-Cost %

For the Credit Services subindustry, California First Leasing'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.


California First Leasing's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, California First Leasing's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where California First Leasing's 5-Year Yield-on-Cost % falls into.



California First Leasing 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 California First Leasing is calculated as

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

California First Leasing  (OTCPK:CFNB) 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.


California First Leasing 5-Year Yield-on-Cost % Related Terms

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


California First Leasing (California First Leasing) Business Description

Traded in Other Exchanges
N/A
Address
5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660
California First Leasing Corp focuses on leasing and financing capital assets, commercial loans secured by equipment and developing an investment portfolio of equity securities.
Executives
Michael H Lowry director
Robert Winton Kelley director 5000 BIRCH STREET, SUITE 500, NEWPORT BEACH CA 92660-8142
Robert A Hodgson officer: Sr. VP Tax & Accounting 18201 VON KARMAN AVE. #800, IRVINE CA 92612
Bedros Aharonyan officer: President, Cal First Natl Bank CALIFORNIA FIRST NATIONAL BANK, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Michael L Mcclendon officer: SVP Credit of CalFirst Leasing CALIFORNIA FIRST LEASING CORPORATION, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Glen T Tsuma director, 10 percent owner, officer: CHief Operating Officer 18201 VON KARMAN AVE, SUITE 800, IRVINE CA 92612
Danilo Cacciamatta director
Harris Ravine director 8475 GREENWOOD DRIVE, NIWOT CO 80503
S Leslie Jewett officer: Chief Financial Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612
Patrick E Paddon director, 10 percent owner, officer: Chief Executive Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612