LegacyTexas Financial Group (LegacyTexas Financial Group) 5-Year Yield-on-Cost % : 2.28 (As of May. 06, 2024)

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What is LegacyTexas Financial Group 5-Year Yield-on-Cost %?

LegacyTexas Financial Group's yield on cost for the quarter that ended in Jun. 2019 was 2.28.

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

LTXB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.28
Current: 2.28

During the past 13 years, LegacyTexas Financial Group's highest Yield on Cost was 2.28. The lowest was 0.00. And the median was 0.00.

LTXB's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.975 vs LTXB: 2.28

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

For the Banks - Regional subindustry, LegacyTexas Financial Group'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.

LegacyTexas Financial Group's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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

LegacyTexas Financial Group 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 LegacyTexas Financial Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

LegacyTexas Financial Group (NAS:LTXB) 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.

LegacyTexas Financial Group 5-Year Yield-on-Cost % Related Terms

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LegacyTexas Financial Group (LegacyTexas Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LegacyTexas Financial Group Inc (NAS:LTXB) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5851 Legacy Circle, Plano, TX, USA, 75024

Website

http://www.legacytexasfinancialgroup.com

LegacyTexas Financial Group Inc operates through its wholly owned subsidiary, LegacyTexas Bank. The bank's business consists of collecting deposits, both from individuals and the business community, and investing those funds in commercial real estate, commercial and industrial loans, permanent loans secured by mortgages, and consumer loans. Its operating revenue is principally derived from interest earned on earning assets, including loans and investment securities, and service charges and fees on deposits and other account services. Its operational focus is commercial banking, as reflected by its majority representation in the bank's loan portfolio. The bank's primary market area is North Texas.