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Nordnet AB (publ) (FRA:9JL) 5-Year Yield-on-Cost % : 2.83 (As of Sep. 26, 2024)


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What is Nordnet AB (publ) 5-Year Yield-on-Cost %?

Nordnet AB (publ)'s yield on cost for the quarter that ended in Jun. 2024 was 2.83.


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

FRA:9JL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.8   Med: 2.8   Max: 6.51
Current: 2.83


During the past 13 years, Nordnet AB (publ)'s highest Yield on Cost was 6.51. The lowest was 0.80. And the median was 2.80.


FRA:9JL's 5-Year Yield-on-Cost % is ranked worse than
51.62% of 370 companies
in the Capital Markets industry
Industry Median: 3.095 vs FRA:9JL: 2.83

Competitive Comparison of Nordnet AB (publ)'s 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Nordnet AB (publ)'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.


Nordnet AB (publ)'s 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s 5-Year Yield-on-Cost % falls into.



Nordnet AB (publ) 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 Nordnet AB (publ) is calculated as

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

Nordnet AB (publ)  (FRA:9JL) 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.


Nordnet AB (publ) 5-Year Yield-on-Cost % Related Terms

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Nordnet AB (publ) Business Description

Traded in Other Exchanges
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) Headlines

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