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SpareBank 1 Ringerike Hadeland (OSL:RING) 5-Year Yield-on-Cost % : 9.24 (As of May. 05, 2024)


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What is SpareBank 1 Ringerike Hadeland 5-Year Yield-on-Cost %?

SpareBank 1 Ringerike Hadeland's yield on cost for the quarter that ended in Dec. 2023 was 9.24.


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

OSL:RING' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.92   Med: 7.22   Max: 11.29
Current: 9.24


During the past 13 years, SpareBank 1 Ringerike Hadeland's highest Yield on Cost was 11.29. The lowest was 0.92. And the median was 7.22.


OSL:RING's 5-Year Yield-on-Cost % is ranked better than
84.27% of 1189 companies
in the Banks industry
Industry Median: 4.97 vs OSL:RING: 9.24

Competitive Comparison of SpareBank 1 Ringerike Hadeland's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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 Ringerike Hadeland's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



SpareBank 1 Ringerike Hadeland 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 Ringerike Hadeland is calculated as

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

SpareBank 1 Ringerike Hadeland  (OSL:RING) 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 Ringerike Hadeland 5-Year Yield-on-Cost % Related Terms

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SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Traded in Other Exchanges
N/A
Address
Southern Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

SpareBank 1 Ringerike Hadeland (OSL:RING) Headlines