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NMB Bank (DAR:NMB) 5-Year Yield-on-Cost % : 7.01 (As of Jun. 20, 2024)


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

NMB Bank's yield on cost for the quarter that ended in . 20 was 7.01.


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

DAR:NMB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.08
Current: 7.01


During the past 0 years, NMB Bank's highest Yield on Cost was 7.08. The lowest was 0.00. And the median was 0.00.


DAR:NMB's 5-Year Yield-on-Cost % is ranked better than
70.04% of 1205 companies
in the Banks industry
Industry Median: 5.24 vs DAR:NMB: 7.01

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

For the Banks - Regional subindustry, NMB 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.


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

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

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



NMB 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 NMB Bank is calculated as

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

NMB Bank  (DAR:NMB) 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.


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

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NMB Bank (DAR:NMB) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ohio Street / Ali Hassan Mwinyi Road, P.O. Box 9213, Dar es Salaam, TZA
NMB Bank PLC provides various commercial banking services in Tanzania, including deposits on demand, provision of credit facilities, and other commercial banking services. It is organized into Retail banking, Wholesale banking, Treasury services, and Agribusiness.

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