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The First Marblehead (The First Marblehead) 5-Year Yield-on-Cost % : 0.00 (As of May. 27, 2024)


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What is The First Marblehead 5-Year Yield-on-Cost %?

The First Marblehead's yield on cost for the quarter that ended in Mar. 2016 was 0.00.


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



FMD's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.21
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of The First Marblehead's 5-Year Yield-on-Cost %

For the Credit Services subindustry, The First Marblehead'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.


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

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

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



The First Marblehead 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 The First Marblehead is calculated as

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

The First Marblehead  (NYSE:FMD) 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.


The First Marblehead 5-Year Yield-on-Cost % Related Terms

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


The First Marblehead (The First Marblehead) Business Description

Traded in Other Exchanges
N/A
Address
The First Marblehead Corp was formed as a limited partnership in 1991 and was incorporated in Delaware in August 1994. It is a specialty finance company focused on the education financing marketplace in the United States. It provides loan programs on behalf of its lender clients for K-12, undergraduate and graduate students and for college graduates seeking to refinance private education loan obligations, as well as tuition planning, tuition billing, refund management and payment technology services. It provides a fully integrated suite of services through its Monogram loan product service platform, which it refer to as its Monogram platform, as well as certain services on a stand-alone, fee-for-service basis. These loan programs are designed to be marketed to prospective student borrowers and their families directly or through educational institutions and to generate portfolios which might be held by the originating lender or financed in the capital markets. It offers a fully integrated suite of services, including its new Monogram loan product, as well as certain services on a standalone, fee-for-service basis. In addition, it provides administrative and other services to securitization trusts that it has facilitated and asset servicing to the third-party owner of certain securitization trusts. The Company's bank subsidiary, Union Federal Savings Bank is a federally chartered thrift that offers residential and commercial mortgage loans, and certain other banking products. Through its Monogram product offering, it enables lenders to offer borrowers private education loans with competitive terms and clear pricing alternatives, but which are also structured to align product options made available to qualified applicants with their credit risk. The Monogram product integrates all of its service offerings, including program design, marketing support, loan origination and portfolio management. The product enables its lender clients to customize their loan programs to meet their risk control and return objectives without a third-party guaranty. Specifically, the client could customize the range of loan terms offered to their qualified applicants, such as repayment options, loan limits and borrower pricing. The Monogram product is based on its proprietary origination risk score model, which was independently reviewed by a credit bureau. It helps clients design their private education loan programs. The Company's design approach begins with a standard set of pricing options, legal agreements and third-party relationships that it could then customize for its clients in order to satisfy their particular needs. The Company's systems have been designed to provide applicants with consumer protection disclosures required by law and regulation, as well as information helpful for making informed decisions about private education loans. It operates in a competitive environment.FIRSTMARBLEHEAD, the checkered logo, MONOGRAM, MONTICELLO STUDENT LOA
Executives
William Dean Hansen director
John Carter Risley 10 percent owner 757 BEDFORD HIGHWAY, BEDFORD A5 B4A3Z7
Peter S Drotch director
Second Curve Capital Llc 10 percent owner 150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown 10 percent owner C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Cameron Dort A Iii director
George G Daly director C/O STERN SCHOOL OF BUSINESS NYU, 44 WEST 4TH ST SUITE 8-69, NEW YORK NY 10012
William R Berkley director 165 MASON STREET, GREENWICH CT 06830
Michael Joseph Plunkett officer: Managing Director C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
Ryan Randall Brenneman officer: Managing Director C/O EYEGATE PHARMACEUTICALS, INC., 271 WAVERLEY OAKS ROAD, SUITE 108, WALTHAM MA 02452
Henry Cornell director 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Jack L Kopnisky director, officer: CEO, President and COO C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901

The First Marblehead (The First Marblehead) Headlines

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