SpareBank 1 Nord-Norge (OSL:NONG) 5-Year Yield-on-Cost % : 14.77 (As of May. 01, 2024)

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What is SpareBank 1 Nord-Norge 5-Year Yield-on-Cost %?

SpareBank 1 Nord-Norge's yield on cost for the quarter that ended in Dec. 2023 was 14.77.

The historical rank and industry rank for SpareBank 1 Nord-Norge's 5-Year Yield-on-Cost % or its related term are showing as below:

OSL:NONG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.39 Med: 11.5 Max: 25.32
Current: 14.77

During the past 13 years, SpareBank 1 Nord-Norge's highest Yield on Cost was 25.32. The lowest was 2.39. And the median was 11.50.

OSL:NONG's 5-Year Yield-on-Cost % is ranked better than
94.45% of 1208 companies
in the Banks industry
Industry Median: 5 vs OSL:NONG: 14.77

Competitive Comparison of SpareBank 1 Nord-Norge's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's 5-Year Yield-on-Cost % falls into.

SpareBank 1 Nord-Norge 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 SpareBank 1 Nord-Norge is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

SpareBank 1 Nord-Norge (OSL:NONG) 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.

SpareBank 1 Nord-Norge 5-Year Yield-on-Cost % Related Terms

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SpareBank 1 Nord-Norge (OSL:NONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Nord-Norge (OSL:NONG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

0J1N:UK 93S:Germany

Address

Storgata 65, PO Box 6800, Tromso, NOR, 9008

Website

https://www.snn.no

SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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