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Oportun Financial (FRA:4L0) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Oportun Financial 5-Year Yield-on-Cost %?

Oportun Financial's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FRA:4L0's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.35
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Credit Services subindustry, Oportun Financial'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.


Oportun Financial's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



Oportun Financial 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 Oportun Financial is calculated as

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

Oportun Financial  (FRA:4L0) 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.


Oportun Financial 5-Year Yield-on-Cost % Related Terms

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


Oportun Financial (FRA:4L0) Business Description

Traded in Other Exchanges
Address
2 Circle Star Way, San Carlos, CA, USA, 94070
Oportun Financial Corp is engaged in providing financial services to people who either do not have a credit score or who may have a limited credit history. The company offers Personal Loans and Auto Loans to its customers. Its product offerings include small-dollar, unsecured installment loans and other products and services.

Oportun Financial (FRA:4L0) Headlines

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