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Firstrand (Firstrand) 5-Year Yield-on-Cost % : 7.28 (As of May. 04, 2024)


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What is Firstrand 5-Year Yield-on-Cost %?

Firstrand's yield on cost for the quarter that ended in Dec. 2023 was 7.28.


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

FANDY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.64   Med: 4.87   Max: 9.47
Current: 7.28


During the past 13 years, Firstrand's highest Yield on Cost was 9.47. The lowest was 1.64. And the median was 4.87.


FANDY's 5-Year Yield-on-Cost % is ranked better than
71.74% of 1189 companies
in the Banks industry
Industry Median: 4.97 vs FANDY: 7.28

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

For the Banks - Diversified subindustry, Firstrand'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.


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

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

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



Firstrand 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 Firstrand is calculated as

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

Firstrand  (OTCPK:FANDY) 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.


Firstrand 5-Year Yield-on-Cost % Related Terms

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Firstrand (Firstrand) Business Description

Traded in Other Exchanges
Address
Corner Fredman Drive and Rivonia Road, 4 Merchant Place, C Low, Sandton, Johannesburg, GT, ZAF, 2196
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The bank's retail and commercial brand is the contributor of normalized earnings, followed by its corporate and investment brand. FirstRand's retail and commercial division emphasizes a diverse range of financial services with a strategic emphasis on cost controls and digital platforms. The bank's corporate and investment brand heavily relies on its origination franchise as part of its value proposition.

Firstrand (Firstrand) Headlines

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Firstrand Ltd's Dividend Analysis

By GuruFocus Research 10-11-2023