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Tysnes Sparebank (OSL:TYSB) 5-Year Yield-on-Cost % : 5.55 (As of May. 15, 2024)


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What is Tysnes Sparebank 5-Year Yield-on-Cost %?

Tysnes Sparebank's yield on cost for the quarter that ended in Sep. 2023 was 5.55.


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

OSL:TYSB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.83   Med: 6.22   Max: 8.2
Current: 5.55


During the past 9 years, Tysnes Sparebank's highest Yield on Cost was 8.20. The lowest was 3.83. And the median was 6.22.


OSL:TYSB's 5-Year Yield-on-Cost % is ranked better than
58.96% of 1194 companies
in the Banks industry
Industry Median: 4.94 vs OSL:TYSB: 5.55

Competitive Comparison of Tysnes Sparebank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Tysnes Sparebank'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.


Tysnes Sparebank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Tysnes Sparebank's 5-Year Yield-on-Cost % falls into.



Tysnes Sparebank 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 Tysnes Sparebank is calculated as

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

Tysnes Sparebank  (OSL:TYSB) 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.


Tysnes Sparebank 5-Year Yield-on-Cost % Related Terms

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Tysnes Sparebank (OSL:TYSB) Business Description

Traded in Other Exchanges
N/A
Address
Teiglandsvegen 2, Tysnes, NOR, 5680
Tysnes Sparebank operates as a savings bank. The bank offers savings accounts and other deposits, bank cards, mobile banking, fund savings, retirement savings and others. In addition, it also provides car loans, credit lines, mortgages, and insurances such as auto, children, buildings, and other insurance.

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