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Heartland Group Holdings (NZSE:HGH) 5-Year Yield-on-Cost % : 9.49 (As of May. 23, 2024)


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What is Heartland Group Holdings 5-Year Yield-on-Cost %?

Heartland Group Holdings's yield on cost for the quarter that ended in Dec. 2023 was 9.49.


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

NZSE:HGH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.85   Med: 6.05   Max: 10.81
Current: 9.49


During the past 11 years, Heartland Group Holdings's highest Yield on Cost was 10.81. The lowest was 1.85. And the median was 6.05.


NZSE:HGH's 5-Year Yield-on-Cost % is ranked better than
85.92% of 1193 companies
in the Banks industry
Industry Median: 4.98 vs NZSE:HGH: 9.49

Competitive Comparison of Heartland Group Holdings's 5-Year Yield-on-Cost %

For the Mortgage Finance subindustry, Heartland Group Holdings'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.


Heartland Group Holdings's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Heartland Group Holdings 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 Heartland Group Holdings is calculated as

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

Heartland Group Holdings  (NZSE:HGH) 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.


Heartland Group Holdings 5-Year Yield-on-Cost % Related Terms

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Heartland Group Holdings (NZSE:HGH) Business Description

Traded in Other Exchanges
Address
35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.

Heartland Group Holdings (NZSE:HGH) Headlines

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