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Comerica (Comerica) 5-Year Yield-on-Cost %

: 7.66 (As of Today)
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Comerica's yield on cost for the quarter that ended in Dec. 2023 was 7.66.


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

CMA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.47   Med: 3   Max: 13.48
Current: 7.66


During the past 13 years, Comerica's highest Yield on Cost was 13.48. The lowest was 1.47. And the median was 3.00.


CMA's 5-Year Yield-on-Cost % is ranked better than
76.58% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs CMA: 7.66

Competitive Comparison

For the Banks - Regional subindustry, Comerica'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.


Comerica 5-Year Yield-on-Cost % Distribution

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

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



Comerica 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 Comerica is calculated as

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

Comerica  (NYSE:CMA) 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.


Comerica 5-Year Yield-on-Cost % Related Terms

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Comerica (Comerica) Business Description

Traded in Other Exchanges
Address
1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201
Comerica is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.
Executives
Bailey Corey R officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Alan Gardner director C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Allysun C Fleming officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Arthur G Angulo director 1717 MAIN STREET, DALLAS TX 75201
Derek J Kerr director
Jennifer H Sampson director 1717 MAIN STREET, MC 6506, DALLAS TX 75201
Casandra M. Mckinney officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Wendy Bridges officer: EVP 1717 MAIN STREET, DALLAS TX 75201
James Harry Weber officer: Executive Vice President 1717 MAIN STREET, MC-6503, DALLAS TX 75201
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Peter L Sefzik officer: Executive Vice President 1717 MAIN STREET, DALLAS TX 75201
Von E Hays officer: Interim Chief Legal Officer 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Melinda A. Chausse officer: EVP 1717 MAIN STREET, DALLAS TX 75201
Christine M Moore officer: SVP and General Auditor 411 WEST LAFAYETTE, DETROIT MI 48226
Nancy Flores director 6555 NORTH STATE HWY 161, IRVING TX 75039