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Glarner Kantonalbank (CHIX:GLKBNZ) 5-Year Yield-on-Cost % : 6.27 (As of Jun. 21, 2024)


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What is Glarner Kantonalbank 5-Year Yield-on-Cost %?

Glarner Kantonalbank's yield on cost for the quarter that ended in Dec. 2023 was 6.27.


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

CHIX:GLKBNz' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.8   Med: 3.81   Max: 6.27
Current: 6.27


During the past 13 years, Glarner Kantonalbank's highest Yield on Cost was 6.27. The lowest was 2.80. And the median was 3.81.


CHIX:GLKBNz's 5-Year Yield-on-Cost % is ranked better than
62.84% of 1211 companies
in the Banks industry
Industry Median: 5.22 vs CHIX:GLKBNz: 6.27

Competitive Comparison of Glarner Kantonalbank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Glarner Kantonalbank'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.


Glarner Kantonalbank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Glarner Kantonalbank 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 Glarner Kantonalbank is calculated as

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

Glarner Kantonalbank  (CHIX:GLKBNz) 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.


Glarner Kantonalbank 5-Year Yield-on-Cost % Related Terms

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Glarner Kantonalbank (CHIX:GLKBNZ) Business Description

Traded in Other Exchanges
Address
Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750
Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank (CHIX:GLKBNZ) Headlines

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