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Washington Trust Bancorp (FRA:WT1) 5-Year Yield-on-Cost % : 7.80 (As of Dec. 13, 2024)


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What is Washington Trust Bancorp 5-Year Yield-on-Cost %?

Washington Trust Bancorp's yield on cost for the quarter that ended in Sep. 2024 was 7.80.


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

FRA:WT1' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.06   Med: 4.67   Max: 12.69
Current: 7.8


During the past 13 years, Washington Trust Bancorp's highest Yield on Cost was 12.69. The lowest was 3.06. And the median was 4.67.


FRA:WT1's 5-Year Yield-on-Cost % is ranked better than
78.65% of 1232 companies
in the Banks industry
Industry Median: 4.585 vs FRA:WT1: 7.80

Competitive Comparison of Washington Trust Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Washington Trust Bancorp'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.


Washington Trust Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Washington Trust Bancorp 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 Washington Trust Bancorp is calculated as

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

Washington Trust Bancorp  (FRA:WT1) 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.


Washington Trust Bancorp 5-Year Yield-on-Cost % Related Terms

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Washington Trust Bancorp Business Description

Traded in Other Exchanges
Address
23 Broad Street, Westerly, RI, USA, 02891
Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.

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