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ForteBank JSC (XKAZ:ASBN) 5-Year Yield-on-Cost % : 10.22 (As of Dec. 14, 2024)


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What is ForteBank JSC 5-Year Yield-on-Cost %?

ForteBank JSC's yield on cost for the quarter that ended in Sep. 2024 was 10.22.


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

XKAZ:ASBN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.18   Med: 8.97   Max: 27
Current: 10.22


During the past 13 years, ForteBank JSC's highest Yield on Cost was 27.00. The lowest was 3.18. And the median was 8.97.


XKAZ:ASBN's 5-Year Yield-on-Cost % is ranked better than
89.47% of 1234 companies
in the Banks industry
Industry Median: 4.585 vs XKAZ:ASBN: 10.22

Competitive Comparison of ForteBank JSC's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, ForteBank JSC'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.


ForteBank JSC's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



ForteBank JSC 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 ForteBank JSC is calculated as

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

ForteBank JSC  (XKAZ:ASBN) 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.


ForteBank JSC 5-Year Yield-on-Cost % Related Terms

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ForteBank JSC Business Description

Traded in Other Exchanges
N/A
Address
Dostyk Street, 8/1, Astana, KAZ, 010017
ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

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